Enhance discipline in implementing public investment plans
On the afternoon of June 25, at the 18th Conference of the Executive Committee of the Hanoi Party Committee, term XVII, Vice Chairman of the Hanoi People's Committee Nguyen Manh Quyen said that in recent times, the disbursement results of the public investment plan have improved. In 2024, the Central Government assigned a capital plan to Hanoi of VND 81,033 billion, 1.72 times higher than in 2023; by June 15, 2024, the whole city had disbursed VND 17,175 billion, reaching 21.2% of the plan, VND 1,244 billion higher than the accumulated disbursement in the same period in 2023 and ranked second in the country in absolute value after the Ministry of Transport. Some districts achieved very good disbursement results, such as: Dong Da (92.6%), Ba Dinh (85.5%); Hoan Kiem (57.2%), Gia Lam (47%), Hoang Mai (43.8%).
Based on the opinions of the delegates, the Party Committee of the City People's Committee continues to direct the synchronous implementation of tasks and solutions to strive to complete the 2024 plan at the highest level. The focus is on effectively implementing Plan No. 42 dated January 31, 2024 and No. 143 dated May 7, 2024 of the City People's Committee on promoting the implementation of the 5-year medium-term public investment plan 2021-2025, accelerating the progress of project implementation, disbursement of the 2024 public investment plan and key projects of the City.
In particular, the key contents include: speeding up the completion of investment procedures to ensure conditions for capital planning according to regulations. Speeding up the implementation progress of key projects and drastically implementing projects in each industry and field, especially projects with large capital plans.
At the same time, focus on resolving and removing difficulties and obstacles of projects; including city-level projects, city budget projects supporting district-level targets, and district-level budget projects. Enhance discipline and order in implementing public investment plans. Overall assessment of the medium-term public investment plan, review of all tasks and projects of the 2021-2025 period to transition to the 2026-2030 period, as a basis for preparing for the development of a medium-term public investment plan orientation for the 2026-2030 period.
Increase the rate of investment capital disbursement, creating momentum to promote socio-economic development
According to Vice Chairman of the City People's Committee Nguyen Manh Quyen, the plan to adjust the public investment plan for 2024 has been reviewed by the Party Committee and the City People's Committee according to regulations and based on the capital absorption capacity and implementation progress of each project.
At the same time, to strengthen discipline in management and implementation of public investment capital disbursement, the City has directed that units requesting capital plan adjustments must commit to disbursing 100% of the capital plan after adjustment, including both upward and downward adjustments.
However, the reality is that there are a number of projects that have been stuck for many years, and up to now, there are still proposals to adjust and reduce the assigned capital plan. This group of projects is mainly related to problems with site clearance. The city has requested investors to make efforts to implement; at the same time, assigned specialized departments to continue to advise on removing difficulties and problems for the projects...
In addition, in 2024, the Central Government assigned a much higher Capital Plan to the City than in 2023. The City adjusted the Public Investment Plan in 2024 to contribute to accelerating project implementation progress and increasing disbursement rates, creating momentum to promote the City's socio-economic development.
Many solutions to speed up project implementation progress
Vice Chairman of the City People's Committee Nguyen Manh Quyen said that currently, the Party Committee of the City People's Committee has initially built a public investment capital source for 2025, estimated at VND 81,392 billion, based on the results of the preliminary review and assessment of investment resources for the project, asking for opinions from the City Party Executive Committee and the City People's Council to report to the Ministry of Planning & Investment and the Ministry of Finance before July 15, 2024.
After the Central Government has announced the official capital plan for the City, the Party Committee of the City People's Committee will continue to direct the review and completion of the 2025 Public Investment Plan, Round 2, report to the City Party Committee for policy, submit to the City People's Council for official resolution at the end of 2024 meeting to ensure the correct goals, orientations, principles and order of capital allocation, project list in 2025; in accordance with the 5-year medium-term public investment plan 2021-2025 approved by the City Party Committee Executive Committee and the City People's Council and the ability to balance capital sources to focus on implementing key projects and works in the 2021-2025 period, urgent people's livelihood projects, the 3-sector Plan and national target programs... which are being focused on by the City Party Committee and directed resolutely.
According to Vice Chairman of the City People's Committee Nguyen Manh Quyen, the city's medium-term plan has so far been arranged annually for the period 2021-2024 at 144,878 billion VND, accounting for 57% of the plan, the remaining amount to be arranged from now until 2025 is very large, 109,437 billion VND, accounting for 43% of the plan; meanwhile, the capital absorption capacity of many city-level projects is limited, slow to complete investment procedures. With only one and a half years left until the end of the 5-year medium-term plan 2021-2025, the city is directing many solutions to speed up investment preparation progress, project implementation progress, and increase disbursement rate...
To accelerate investment preparation and prepare for the 2026-2030 Medium-Term Public Investment Plan, at the City People's Council meeting in July 2024, the City People's Committee submitted to the City People's Council for approval the investment policy of 8 Group B projects using the entire city budget with a total estimated investment of VND 4,029 billion.
“These are important projects, already included in the investment portfolio in the Resolutions of the City People's Council, the projects have been assigned by the City People's Committee to develop investment policies, and now the documents have been completed. The Party Committee of the City People's Committee proposes that the City Party Executive Committee consider and approve the policy to allow the approval of investment policies for projects implemented in the period of 2026-2030" - Vice Chairman of the City People's Committee Nguyen Manh Quyen emphasized.
Source: https://kinhtedothi.vn/ha-noi-dieu-chinh-von-dau-tu-cong-uu-tien-du-an-quan-trong.html
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