Chairman of Ho Chi Minh City People's Committee - Nguyen Van Duoc has just requested units to strive to disburse public investment capital in 2025 to ensure a rate of 95% or more.
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| Mr. Nguyen Van Duoc - Chairman of Ho Chi Minh City People's Committee inspected the projects |
It is expected that in the first quarter of 2025, the City's public investment disbursement must reach 10% or more, with a minimum of 7.5%; in the second quarter, it must reach 30% or more, with a minimum of 25%; in the third quarter, it must reach 70% or more, with a minimum of 50%; and in the fourth quarter, it must reach 100%, with a minimum of 95%.
For projects that are behind schedule, have not completed investment decision procedures and have not allocated reserve funds for 2025, the leaders of the Ho Chi Minh City People's Committee requested the competent authorities and investors to urgently speed up procedures, ensure quality, progress and closely follow the handling process of specialized agencies to promptly explain and complete documents to send to the appraisal agency before March 20.
Departments, branches, districts and towns closely coordinate with investors to urgently review and research solutions to shorten implementation time, complete appraisal and decide on project investment before March 30, 2025. At the same time, relevant agencies and units need to clearly report the responsibilities of organizations and individuals when there are delays, and consider handling them according to the Party's regulations on waste.
The Ho Chi Minh City People's Committee also assigned the Department of Finance to continue reviewing and urgently advising on the detailed allocation of the 2025 public investment plan for each task and project that has met the conditions for capital allocation according to the provisions of the law on public investment; advising the People's Committee to submit to the People's Council a detailed allocation of the reserve fund for the 2025 public investment plan, to be submitted before March 25, 2025.
For projects that have been approved for investment decisions: assign investors to urgently speed up construction progress and determine specific start times for new projects starting in 2025; ensure early start of projects and disbursement of all allocated capital in 2025. Mr. Nguyen Van Duoc also requested the Department of Home Affairs to coordinate with the Department of Finance, Department of Agriculture and Environment, and State Treasury Region II to advise and propose criticism, reprimand, and discipline groups and leaders with low disbursement rates for public investment capital disbursement in 2024 on a quarterly basis.
The leaders of the Ho Chi Minh City People's Committee stated that if projects do not complete their targets, the project management agencies and investors will take full responsibility. There will be sanctions and strict handling of organizations and individuals who intentionally cause difficulties, hinder, and delay the progress of capital allocation. Resolutely handle negative and corrupt behaviors in public investment management, promptly replace individuals who are weak in capacity, afraid of mistakes, afraid of responsibility, shirking, and avoiding when performing tasks.
The Chairman of the Ho Chi Minh City People's Committee also requested the heads of these 18 agencies and units to urgently review and clarify the responsibilities of related organizations and individuals, strictly handle them according to regulations, and report the results of the handling to the City People's Committee.
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Source: https://thoibaonganhang.vn/tp-ho-chi-minh-phan-dau-giai-ngan-dau-tu-cong-95-tro-len-161549.html
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