Disbursement of public investment capital in February increased by 61.15% over the same period

Renovation and repair project of Continuing Education Center
Bac Kan province (base 2) is speeding up the implementation progress.

Of which, provincial state budget capital reached 68.18 billion VND, accounting for 59.1% of total investment capital in the month.

Accumulated in the first two months of 2025, total investment capital is estimated at VND 244.44 billion, equal to 7.21% of the plan and an increase of 53.02% over the same period.

Investment capital in the month focused on a number of main projects: The business support program for farmers in Bac Kan province is estimated at 8,000 million VND; investment in basic infrastructure for comprehensive development of the northeastern provinces is estimated at 4,000 million VND; investment in the road from Bac Kan city to Ba Be lake is estimated at 25,000 million VND; construction of economic infrastructure of Thanh Binh Industrial Park phase II is estimated at 15,000 million VND; investment in forestry roads in Bac Kan province in the period of 2021 - 2025 is estimated at 1,500 million VND; construction of Quang Khe - Khang Ninh - Ba Be road is estimated at 1,300 million VND; investment in construction, renovation and upgrading of schools in the province is estimated at 3,000 million VND; investment in construction and development of infrastructure to provide medical services is estimated at 3,100 million VND; Construction of the provincial stadium and supporting items is estimated at 1,400 million VND; investment in construction of the Quang Bach - Bang Phuc Cho Don road is estimated at 1,520 million VND; Yen Cu - Cao Ky road is estimated at 1,700 million VND...

According to the Provincial Statistics Office, the capital implementation in February increased compared to the same period last year because from the beginning of the year, sectors and localities focused on removing difficulties and obstacles in construction works, completing procedures for granting and timely disbursing capital for ongoing works, and at the same time strengthening inspection, supervision, and urging investors to speed up progress right after the Tet holiday.

To promote the allocation and disbursement of public investment capital in 2025, the Provincial People's Committee has just issued Official Dispatch No. 1302/UBND-TH dated February 26, 2025 directing departments, branches, localities, and investors to thoroughly grasp and clearly identify the task of promoting the allocation and disbursement of the public investment capital plan in 2025 as one of the top key political tasks that need to be prioritized for leadership, direction, and implementation at all levels and sectors. Heads of units, Chairmen of People's Committees of districts and cities are fully responsible to the Chairman of the Provincial People's Committee for the results of the allocation and disbursement of public investment capital in 2025; resolutely not to let the situation of capital waiting for projects, having capital but not being able to disburse. Promote responsibility, closely monitor, grasp the situation, clearly identify difficulties, obstacles, causes of slow allocation and disbursement of each specific project to directly direct timely solutions. Strengthen close coordination between agencies and units under management and with relevant departments, branches and sectors to remove difficulties and obstacles in the process of project implementation and disbursement of public investment capital.

The People's Committees of districts and cities urgently allocate in detail the entire state budget investment plan for 2025 in the first quarter in accordance with regulations; the detailed allocation of the capital plan must ensure focus and key points, not be scattered or fragmented, be consistent with the implementation and disbursement capacity and comply with legal regulations on public investment.

Focus on implementing flexible, creative, timely and effective measures and solutions to drastically promote the implementation and disbursement of public investment capital and capital for the 3 National Target Programs; speed up the progress of implementing key projects and works, etc. Accelerating the progress of disbursement of public investment capital must be associated with ensuring the quality of works and projects, avoiding negativity, loss, waste and group interests.

Focus on accelerating site clearance and construction progress, removing difficulties and obstacles related to land, resources, etc. Strengthen on-site inspection and supervision, urge contractors and consultants to speed up progress. Proactively review and transfer capital according to authority between projects with slow disbursement to projects with better disbursement capacity and lacking capital according to regulations.

Strengthen discipline, order, strictly handle according to regulations investors, organizations, individuals who intentionally slow down the progress of allocation and disbursement of public investment capital; promptly replace cadres, civil servants, and public employees who are weak in capacity, slow, cause harassment and trouble, resolutely handle negative behaviors and corruption in public investment management.../.

Source: https://backan.gov.vn/Pages/giai-ngan-von-dau-tu-cong-2-thang-dau-nam-tang-530-34bb.aspx