As of August 27, the disbursement progress of public investment capital in the city has only reached 22.8% of the plan. To ensure the construction progress and disbursement of capital for basic construction investment, Mong Cai City is focusing on directing and urging investors and contractors to speed up the construction progress of works and projects.

According to the report of Mong Cai City People's Committee, in 2024, the total public investment capital plan in the city is nearly 464 billion VND, allocated to 136 projects and items. Of which: Central budget capital is 3,134 billion VND, allocated to 1 transitional project; provincial budget capital is 6,631 billion VND, allocated to 2 transitional projects; city budget capital is 454,199 billion VND, allocated to 133 projects and works with 65 transitional projects and works and 68 newly started projects and works. The capital plan for 2023 alone is allowed to be extended to 2024 by more than 145.1 billion VND to implement 11 projects.
As of August 27, the value of the volume of works and projects implemented reached more than 175.1 billion VND, equal to 68.7% compared to the same period; the disbursement value reached more than 138.9 billion VND, equal to 22.8% of the plan after supplementation, equal to 27.26% of the plan assigned at the beginning of the year, equal to 52.2% compared to the same period. Of which: Central budget capital reached 3,128 billion VND, equal to 99.8% of the plan; provincial budget capital reached 5,773 billion VND, equal to 87.1% of the plan; city budget capital reached more than 130 billion VND, equal to 27% of the plan.
The Mong Cai City Construction Investment Project Management Board is implementing investment preparation and construction, and has recorded a capital plan for 2024 of 37 projects. Currently, 27 projects have been allocated capital plans, of which: 22 projects have completed contractor selection, contract signing, and site handover; 3 projects have completed contractor selection but due to problems with site clearance and leveling materials, contracts have not been signed; 3 projects are in the stage of designing construction drawings and estimates, organizing the selection of construction contractors; 9 projects are in the investment preparation stage. Up to now, the disbursement progress of works and projects has reached more than 118.8 billion VND, reaching 28.34% of the plan.

As for transitional projects, the unit is currently implementing 59 projects, of which 22 projects have been completed and 37 projects are still under construction. Currently, difficulties related to the source of filling materials and regulations on bidding are constantly changing, along with that, the capacity of some investors, contractors and consulting units of some projects and works in the city is still weak, leading to slow construction progress, such as: The project connecting Mong Cai - Van Don expressway to Van Ninh port; some resettlement projects in Ninh Duong, Hai Yen, Hai Hoa wards... affecting the bidding and construction progress of works and projects.

To ensure the progress of public investment in the area, Mong Cai City has mobilized all resources, focusing on measures to increase land use fees, prioritizing capital for investment in urgent projects, especially projects ensuring social security. Improve the capacity to appraise investment projects, select contractors with sufficient capacity to implement projects; resolutely eliminate unqualified consulting units and incompetent contractors. At the same time, strengthen the guidance, inspection and examination of basic construction investment, especially in the implementation of policies and mechanisms, legal regulations; conduct specialized inspections and inspections of specific projects to ensure strict implementation of the Law on Public Investment.
Mong Cai City directs construction units to concentrate on human resources, vehicles, and materials, take advantage of favorable weather conditions and overcome difficult weather conditions to speed up construction progress, while not causing outstanding debts in basic construction. Review and adjust capital plans of projects that cannot be disbursed according to the allocated plan, supplement capital for site clearance work, key projects that need to speed up progress, and have the ability to disburse capital.
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