Conference on public investment disbursement

On March 5, Comrade Tran Quoc Nam, Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee chaired the Conference to evaluate the disbursement results in 2023 and promote disbursement of public investment capital in 2024. Attending the conference were Comrade Tran Minh Luc, member of the Provincial Party Committee, Vice Chairman of the Provincial People's Council; Vice Chairmen of the Provincial People's Committee: Nguyen Long Bien, Le Huyen, Trinh Minh Hoang; leaders of departments, branches, and localities.

In 2023, the whole province disbursed public investment capital of VND 2,896,872 billion/VND 2,991,454 billion, reaching 96.8% of the plan, achieving the target assigned by the Prime Minister and the highest in the past 3 years. Of which, disbursed domestic budget capital reached and exceeded 100% of the plan; foreign capital reached 82.2%; national target program capital reached 94.4%. There were 26 units disbursing over 95% of the plan; 7 units disbursed under 95%. The total number of projects implemented in 2023 was 22 (not including projects from national target program capital sources), with a total capital of VND 1,985,491 billion. By the end of 2023, 6 projects were completed and put into use, 16 projects were transferred to 2024, basically meeting the set schedule.

In 2024, the Prime Minister assigned the province 2,962,569 billion VND; of which domestic capital is 2,203,069 billion VND, foreign capital is 759.5 billion VND. By February 15, the whole province had disbursed 341,129 billion VND, reaching 12.3% of the allocated capital plan.

Identifying the disbursement of public investment capital as an important task and responsibility of the entire political system, in 2024 the province strives to achieve the target of disbursing public investment capital of 95-100% of the plan. Of which, by the end of the third quarter of 2024, the disbursement will reach over 60%, and by the end of the fourth quarter of 2024, it will reach over 90%. Particularly for the capital plan for 2023, the implementation and disbursement period will be extended to 2024, and by the end of the third quarter of 2024, the disbursement will reach 100% of the plan.

At the conference, representatives of units and localities gave speeches analyzing and clarifying the causes and results achieved; on that basis, proposed solutions to promote disbursement of public investment capital in the coming time.

Comrade Tran Quoc Nam, Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee gave a speech at the conference.

Concluding the conference, the Chairman of the Provincial People's Committee acknowledged and commended the results that departments, branches and localities have strived to achieve, making important contributions to growth, recovery and socio-economic development; at the same time, criticized a number of units with low disbursement rates. The Chairman of the Provincial People's Committee emphasized that accelerating the disbursement of public investment capital is important to promote economic growth in the context of many difficulties, contributing to the completion of the growth target. In 2024, the volume of public investment capital is greater than in 2023, with many additional capital sources, many large-scale projects must be completed within the year, so departments, branches, units and localities need to focus on accelerating the construction progress to ensure the volume of completion and disbursement in 2024.

In that spirit, the Chairman of the Provincial People's Committee requested that sectors, units and localities continue to innovate their thinking and actions to create strong changes in direction and administration, promote the sense of responsibility, and implement tasks; promote disbursement while ensuring the quality of works; strengthen inspection and supervision, continue to maintain the activities of 12 working groups to urge the disbursement of public investment capital; strictly handle violations and slow capital allocation progress. Mobilize the participation of the entire political system to focus on handling problems and arising issues, especially mobilizing people and removing obstacles in compensation and site clearance for projects. Request that sectors and levels unite, reach high consensus, join hands and join forces with high determination, overcome difficulties and challenges to resolutely implement tasks right from the beginning of the year to successfully carry out the tasks set for 2024.

On this occasion, the Chairman of the Provincial People's Committee awarded certificates of merit to 6 collectives and 7 outstanding individuals in disbursing public investment capital in 2023.

Mr. Tuan

Source