Avoid the situation of asking for capital at the beginning of the year but paying it back at the end of the year

Báo Đầu tưBáo Đầu tư10/03/2025

Standing Vice Chairman of Can Tho City People's Council Nguyen Xuan Hai requested that investors and construction units must have a plan and a specific implementation schedule to avoid the situation of asking for capital at the beginning of the year and paying back capital at the end of the year to complete the target.


Vice Chairman of Can Tho City People's Council: Avoid the situation of asking for capital at the beginning of the year but paying it back at the end of the year

Standing Vice Chairman of Can Tho City People's Council Nguyen Xuan Hai requested that investors and construction units must have a plan and a specific implementation schedule to avoid the situation of asking for capital at the beginning of the year and paying back capital at the end of the year to complete the target.

At the conference summarizing the basic construction in 2024 and the tasks and solutions for 2025 recently organized by the People's Committee of Can Tho City, Mr. Nguyen Xuan Hai, member of the Standing Committee of the Party Committee, Permanent Vice Chairman of the People's Council of Can Tho City, said that having to adjust the investment policy, in addition to prolonging, slowing down progress, wasting materials, is also a waste of time, and wasting time is immeasurable and greatly affects people in the project area.

“If we work closely and complete the project on schedule, it will serve many things for society. For example, if we build a road on schedule for 5 years, people in the project area will open shops and other services… But when the project is extended to 10 years, all 5 years will be lost, affecting business and trade. Investors should immediately overcome the situation of having to adjust investment policies due to subjective reasons. I request the leaders of the City People's Committee and departments to pay attention,” Mr. Hai noted.

Regarding capital registration and investment capital allocation, Mr. Hai suggested that there must be strict appraisal and appropriate capital allocation, requiring investors and construction units to have schedules, plans, and specific implementation progress, avoiding the situation of requesting capital at the beginning of the year but paying back capital at the end of the year to complete the target.

Western Ring Road Project of Can Tho City

In the work of finalizing completed projects, Mr. Hai suggested that the City People's Committee continue to direct strongly, regularly, rectify, remind and consider the responsibility of investors. Recently, the city also organized an explanation session, there are many projects that have not been finalized for more than ten years, have not been handed over to the using units... The construction of resettlement areas needs to be directed strongly, as quickly and as much as possible, to serve the development.

Speaking more about this issue, Mr. Duong Tan Hien, Permanent Vice Chairman of Can Tho City People's Committee, noted: "There are projects with capital and land but the construction is slow. I suggest that investors go to inspect, urge, and remind, not just come to look, listen to the difficulties and then give general instructions. They must be specific about the progress of each part of the work, how much materials, machinery, labor, etc. are needed, work closely with the contractor, not just talk. By June, projects that have difficulties and problems in disbursement must have a plan to adjust the capital...".

To ensure the disbursement of public investment capital as directed by the Central Government, especially the Prime Minister, the Standing Committee of the City Party Committee, and the Standing Committee of the City Party Committee, Mr. Truong Canh Tuyen, Chairman of the People's Committee of Can Tho City, requested the Department of Finance to advise on the reorganization of working groups and advise the city to reorganize the steering committee to implement key projects and works in the area.

Mr. Tuyen noted that investors, departments, and localities should focus on resettlement projects. For projects that have investment policies, they should speed up resettlement progress to promptly arrange for people, determine prices suitable for each case, according to time..., and have harmonious solutions.

The Chairman of the People's Committee of Can Tho City also requested investors, project management boards, and localities to make very specific plans, with clear people, clear work, clear time, clear results, and clear responsibilities, especially for key projects such as the Western Ring Road, National Highway 91 (Km0-Km7)...

At the same time, the Department of Finance coordinates with the Department of Agriculture and Environment and related units to remove obstacles in determining land prices, site clearance, etc. The Department of Home Affairs monitors the competition criteria of the leaders in disbursement implementation, as a basis for evaluating the criteria for cadres at the end of the year, etc.

In 2024, Can Tho was assigned by the Prime Minister a total state budget capital of more than VND 10,245 billion; the detailed allocation result (as of December 31, 2024) was more than VND 9,280 billion; the actual disbursement by the end of January 31, 2025 was more than VND 7,706 billion, reaching about 75% of the total capital and more than 83% of the detailed capital plan.

According to the People's Committee of Can Tho City, the disbursement results of the city's public investment plan for 2024 have not met the requirements. The reason is that the compensation, support and resettlement work is slow to be implemented due to problems such as determining the legality of land records; lack of resettlement land; people still complain about compensation prices and resettlement policies, especially traffic projects and anti-erosion embankments with large-scale investment.

Some transport projects have inaccurate surveys and data collection, especially the cost estimates for support, compensation and resettlement are still low compared to market prices, leading to actual costs increasing significantly when implemented, exceeding the total investment, requiring adjustment procedures that take a lot of time, affecting disbursement results.

In addition, the capacity of some investors is still limited. Management, planning, inspection, urging contractors, implementing construction, and checking contractor capacity are not effective. The capital allocation registration of some investors is not suitable with the actual capacity and progress of implementation, leading to the need to propose to adjust the capital plan that has been assigned or to keep capital but not meet the conditions for disbursement.



Source: https://baodautu.vn/pho-chu-tich-hdnd-tp-can-tho-tranh-truong-hop-dau-nam-xin-von-nhung-cuoi-nam-tra-von-d251439.html

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