Long An: Public investment disbursement rate in 2025 remains low

Disbursement of investment capital in 2025 is still low

Deputy Director of the Department of Finance - Nguyen Tan Qui said that the Provincial People's Committee has allocated 8,923.6 billion VND of public investment capital in 2025. As of April 2, 2025, the implementation volume was more than 1,131 billion VND, reaching 12.68% of the plan; disbursed 1,130.2 billion VND, reaching 11.71% of the plan assigned by the Prime Minister and reaching 12.67% of the plan allocated by the Provincial People's Committee (in the same period last year, disbursed 23.87% of the plan). Of which, the district managed capital was 2,335.7 billion VND, disbursed 598.8 billion VND (reaching 25.64% of the plan); the province managed capital was 6,587.9 billion VND, disbursed 531.4 billion VND (reaching 8.07% of the plan).

Of the 24 investors, only 10 investors disbursed more than 20% of the plan, including Thanh Hoa District People's Committee (55.19%); Chau Thanh District People's Committee (36.93%); Kien Tuong Town People's Committee (36.03%); Provincial Police (34.56%); Department of Agriculture and Environment (34.12%); Provincial Border Guard Command (33.34%); Can Duoc District People's Committee (32.94%); Duc Hoa District People's Committee (29.07%); Can Giuoc District People's Committee (27.77%); Thu Thua District People's Committee (24.15%). The remaining 14 investors disbursed less than 20% of the plan; of which 5 investors have not disbursed.

The reason for lower disbursement compared to the same period is that at the end of 2023, projects had a large payment volume but had not yet balanced payment capital. When allocating the capital plan for 2024, investors disbursed right from the beginning of the year.

On the contrary, at the end of 2024, the province has provided additional capital for payment for projects under construction with large volumes. Therefore, at the beginning of 2025, projects in the province do not have large volumes for payment. Most of the projects implemented until 2025 are mainly completed to complete and settle the project, so this volume is not large in the first months of the year.

Meanwhile, newly started projects are undergoing bidding procedures so there is no volume and no large compensation payments, so disbursement is lower than the same period.

As for the capital plan for the land clearance project of Provincial Road 827E, it is 1,575 billion VND (accounting for 18.06% of the allocation plan), but it has not been disbursed or paid to the people because it has to complete the procedures, which takes a lot of time. Currently, it has only been carried out to the counting step.

On the other hand, the implementation of streamlining the apparatus according to Project No. 25/DA-TU of the Provincial Party Committee requires investors to adjust digital certificates, adjust appendixes of legal entity contracts, the public service system of the treasury has not been able to change investors due to lack of conversion instructions,... In addition, the suspension of new construction of headquarters projects also affects the disbursement progress.

Faced with the above situation, in the coming time, the province will direct departments, branches, People's Committees of districts, towns, cities, and investors to seriously implement the direction of the Provincial People's Committee in official dispatches on urging the completion of allocation procedures and promoting the disbursement of public investment capital in 2025.

For investors, urgently urge contractors to construct and disburse as soon as there is volume to increase the disbursement rate, striving to disburse 50% of the plan by the end of the second quarter and disburse 100% of the plan by the end of the fiscal year.

At the same time, investors urgently complete investment procedures to promptly allocate capital, develop implementation plans, speed up bidding organization progress, and assign staff to monitor each specific project throughout.

In addition, provincial departments, branches, People's Committees of districts, towns, cities, and investors continue to promote and uphold the spirit of "5 clear, 3 yes, 2 no" including (clear people, clear work, clear time, clear responsibility and clear products; quality, progress, efficiency; no negativity, no corruption) in deploying and implementing investment projects.

Also according to Mr. Nguyen Tan Qui, the People's Committees of Can Duoc, Can Giuoc, Tan Tru, and Chau Thanh districts are accelerating the implementation of the land clearance project to build bridges and access roads to 3 bridges on Provincial Road 827E. Specifically, urgently complete the land clearance procedures (measurement, announcement of policies, inventory, construction of compensation unit prices, etc.) to approve the compensation plan, start payment in the second quarter of 2025; urgently complete the land clearance procedures, build resettlement areas and the access road project to 3 bridges on Provincial Road 827E.

Investors are requested to urgently complete procedures to start projects soon, especially key projects such as the main building block in the Provincial Political and Administrative Center; the project to build a memorial area, a memorial house for comrade Vo Van Tan, comrade Vo Van Ngan and to restore and embellish the historical relic at Duc Hoa intersection; the construction of a new Lung Hospital, starting in the second quarter of 2025; the project of the Access Road to 3 bridges of Provincial Road 827E, starting on August 29, 2025;.../.

Le Duc

Source: https://baolongan.vn/long-an-ty-le-giai-ngan-von-dau-tu-cong-nam-2025-con-thap-a193211.html