Quang Nam commits to disbursing 95% of public investment capital in 2024

Sea embankment has appeared in the area from Cam An Ward People's Committee to An Bang (Hoi An).

Construction efforts

We did not have to wait too long to see the emergency coastal protection embankment from Cam An Ward People's Committee to An Bang (Hoi An) appear under the sea level, 250m from the shore. The shore that had eroded, revealing deep sand holes, has "found" its original shape, widening by nearly 100m.

Engineer Dao To Van - Project Commander of the "Emergency anti-erosion embankment project of Cua Dai beach (from Cam An Ward People's Committee to An Bang (Hoi An)" said that the project was completed on September 25, 2024, on schedule. The contractor is waiting for payment of the remaining parts to finalize the project completion.

The bustling construction rhythm is still taking place at the Van Ly bridge construction site. Engineer Dao Hong Ngoc - Deputy Project Commander said that the lower structure and piers are 100% complete. The construction volume has reached more than 80%. In December 2024, the main structure of the bridge will be basically completed, the bridge will be closed for the last time, connecting from one bank to the other bank of the river. As for the approach road, it depends on the site, the bridge is expected to be completed before Lunar New Year 2025.

Not all investment projects are as successful as the two projects of Dat Phuong Group mentioned above. The State Treasury of Quang Nam announced that by September 30, 2024, public investment capital in 2024 (excluding projects managed by the Central Government) had only disbursed 41.41% (the public investment capital plan in 2024 disbursed 39.4% and the capital plan in 2023 extended to 49.1%).

The disbursement rate is low, not meeting the planned progress; lower than the average disbursement rate of the whole country (47.29%) and lower than the average disbursement rate of the provinces in the North Central and Central Coast regions (52.99%).

The Provincial People's Committee decided to establish 5 working groups to inspect, urge, remove difficulties and obstacles, and promote disbursement of public investment capital.

Field inspections at 17 units and localities have found that slow disbursement depends largely on site clearance, especially determining the origin of land, limited project management capacity of investors and project implementation capacity of contractors; difficulties in completing investment procedures according to specialized laws and project bidding.

Many localities have not been able to ensure the balance of local budget funds to allocate for public investment projects due to fluctuations in the real estate market. Plans to organize auctions and collect land use fees in localities are slow or have not been implemented...

In addition, many other difficulties and problems have caused the disbursement rate of public investment capital to be low, such as: unfavorable weather in the Central region, affecting construction progress in the field, scarcity and shortage of embankment soil and construction sand.

Tasks and projects under national target programs overlap in documents, lack synchronous coordination, unity and high determination in direction and management from Party committees to authorities...

A “special” difficulty was also mentioned, which was the incomplete apparatus. This was also explained to the locality by Permanent Deputy Prime Minister Nguyen Hoa Binh during a recent meeting.

Commitment to disburse 95%

Admitting that disbursement of public investment capital in 2024 will still face many difficulties, Chairman of the Provincial People's Committee Le Van Dung pledged to the Government's Working Group No. 1 that 95% will be disbursed by the end of the investment period in 2024.

Van Ly Bridge will be completed in December this year. Photo: TD

Provincial Party Secretary Luong Nguyen Minh Triet said that he has identified difficulties and obstacles in the progress of disbursing public investment capital. He will direct drastic measures to remove bottlenecks. The current disbursement rate is low, but it is hoped that it will increase rapidly in the remaining months of the year, to achieve the highest disbursement rate.

Quang Nam authorities have identified increasing public investment disbursement as an important task to promote growth. A series of requirements and solutions have been set out to achieve the highest public investment disbursement rate in 2024 (more than 95% of the plan assigned by the Prime Minister).

Chairman of the Provincial People's Committee Le Van Dung requested localities to specifically assign leaders of Party committees and authorities to be directly responsible for standing points. Periodically (every 2 weeks), regularly monitor and evaluate the disbursement rate of key projects, have a large capital plan to promptly handle and remove difficulties and problems arising in each specific project. Strengthen mass mobilization work, perform well the work of compensation and site clearance in localities.

One of the most necessary solutions today is for investors to proactively check, review, and evaluate the disbursement capacity of each specific project.

Calculate and propose to competent authorities to adjust the capital plan from projects with low disbursement rates to projects with guaranteed volume, which can be disbursed immediately upon receiving additional capital sources within each unit or propose to adjust the capital plan in 2024, transfer to units and localities in need of additional capital. This plan must be completed and submitted to the Provincial People's Council meeting by the end of October 2024.

Inspection, supervision of field management, disbursement, training and development of professional public investment management officials and civil servants will be strengthened, along with strict penalties for contractors who violate construction contracts. Information technology will be applied to project management and supervision to be able to report progress quickly, accurately and effectively.

“Investors, departments, branches and localities must strictly implement the monthly reporting regime on the disbursement situation. Clearly state the specific difficulties and problems of each project for the Department of Planning and Investment to monitor, supervise and advise the Provincial People's Committee in directing and managing the disbursement of public investment capital.

Projects with compensation and site clearance issues that are still pending for a long time are required to be actively resolved by investors. If the project cannot be continued, it is recommended to stop the project or reduce the scale of the project to finalize the project completion" - Chairman of the Provincial People's Committee Le Van Dung said.

Source: https://baoquangnam.vn/quang-nam-cam-ket-giai-ngan-95-von-dau-tu-cong-nam-2024-3143111.html