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Must be more resolute and responsible in disbursing public investment capital

Việt NamViệt Nam20/04/2024

Comrade Trinh Xuan Truong, Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee chaired the meeting.

Attending the meeting were comrades: Nguyen Trong Hai, member of the Provincial Party Standing Committee, Vice Chairman of the Provincial People's Committee; Giang Thi Dung, Vice Chairman of the Provincial People's Committee; leaders of provincial departments, branches and sectors; and specialized project management boards of the province.

Attending the meeting at the local bridge points were the Standing Committees of the District Party Committee, City Party Committee, and Town Party Committee; representatives of specialized departments and boards and the management board of construction investment projects.

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Meeting scene.

The report on investment preparation results and disbursement progress of the 2024 public investment plan clearly stated: The total public investment capital plan for 2024 has been assigned 6,007 billion VND, as of April 20, the disbursement value reached 1,504 billion VND (an increase of 596 billion VND compared to the basic construction meeting on March 15, 2024; the absolute value of disbursement is 223 billion VND higher and 6 percentage points higher than the same period in 2023), equal to 25% of the plan.

For the 2024 capital plan according to the Prime Minister's Decision (assigned in Decision 1603/QD-TTg), it is VND 5,212 billion. As of April 20, the disbursement value reached VND 1,864 billion, equal to 36% of the plan assigned by the Central Government.

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Director of the Department of Planning and Investment Phan Trung Ba reported on the progress of public investment disbursement.

According to the report of the Ministry of Finance, as of March 2024, the disbursement rate of Lao Cai province reached 21% of the plan, among the provinces and cities with high disbursement rates in the country (the overall disbursement rate of the whole country reached 13.67% of the plan).

To speed up the disbursement of public investment capital in the coming time, the Department of Planning and Investment requested the Provincial People's Committee to direct departments, branches and localities to resolutely implement and disburse the 2024 long-term capital plan (VND 215 billion), requiring disbursement to reach 100% of the plan before August 30, 2024.

Complete the notification of all public investment plan capital for 2024 assigned by the Provincial People's Committee to units and affiliated project management boards, promptly enter estimates of public investment projects on the Treasury and Budget Management Information System (TABMIS).

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The meeting was held online with localities.

Propose that the Provincial People's Committee promptly assign the disbursement plan, recover advances, clear the site and direct units and investors (the Department of Planning and Investment has reported in Document 599/SKH-THQH dated April 11, 2024). Propose that the Provincial People's Committee assign the Department of Planning and Investment to preside over synthesizing and urging the proposal of solutions for the disbursement of public investment capital in 2024; assign the Department of Natural Resources and Environment to preside over synthesizing and urging the proposal of solutions to speed up the progress of site clearance for localities; assign the Department of Finance to preside over and coordinate with the Provincial State Treasury to synthesize and urge the proposal of solutions to recover advances and overdue advances.

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Representative of the provincial specialized project management board made recommendations at the meeting.

Every month, the units assigned to preside over the implementation of the above contents publicly announce at the regular meeting of the Provincial People's Committee and on the mass media the rate of disbursement of public investment capital, site clearance, recovery of advances and overdue advances of all agencies, units and localities.

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Director of the Department of Transport Nguyen Quoc Huy spoke at the meeting.

At the meeting, leaders of localities and departments and branches reported and clarified difficulties and obstacles affecting the progress of disbursement of public investment capital; at the same time, advised and proposed to the province a number of solutions to remove and speed up the disbursement progress in the coming time.

Speaking at the meeting, Chairman of the Provincial People's Committee Trinh Xuan Truong affirmed: In recent times, the province has had many important solutions to accelerate the progress of public investment. Therefore, Lao Cai is always in the group of provinces and cities with high disbursement rates in the country.

However, it is also necessary to frankly assess that the disbursement progress is still lower than the plan set by the province; the advance payment is still large, higher than in previous years. That shows that the capital is still disbursed but does not reach the project but is still "lying" in the bank, leading to low efficiency and affecting the construction progress.

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Chairman of the Provincial People's Committee Trinh Xuan Truong gave a speech at the meeting.

The Chairman of the Provincial People's Committee requested that all projects in 2024 must be completed, and if there is an extension, it must not exceed December 31, 2024, to avoid the situation where projects have been under construction for many years but still request an extension until 2026. "Investors must feel impatient and pressured with the progress of investment capital disbursement, and must even be drastic, possibly adding subcontractors. Investors must closely follow the progress, regularly be present at the construction site, and promptly handle any problems that arise, especially regarding the site," the Chairman of the Provincial People's Committee requested.

Emphasizing the impatience with the projects, the Chairman of the Provincial People's Committee pointed out: At this time, the weather is very favorable, investment capital is arranged to ensure, but the construction progress of many projects, especially traffic projects, is still slow. So, what is the cause?

Answering this question, the Chairman of the Provincial People's Committee pointed out: Basic construction must be scientific, drastic, and create pressure, not idle.

The Chairman of the Provincial People's Committee requested that sectors and localities must consider public investment disbursement as a political task, so it is necessary to closely follow the progress to ensure that 1,000 billion VND is disbursed each month (including refunds).

The Chairman of the Provincial People's Committee suggested: The province has strongly decentralized to the management boards of basic construction projects, but it is necessary to review and re-evaluate the capacity of the boards, especially the capacity of project management.

It is recommended that localities strengthen leadership and direction in site clearance to promptly resolve difficulties and obstacles. Review disbursement progress; strictly enforce discipline in construction investment and contractor capacity.

Carefully review investment preparation work; do a good job of planning and land use planning; promote acceptance, payment and settlement of works to ensure compliance with regulations; focus on investment supervision; inspect the implementation of authorization in investment management in localities.


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