Binh Dinh will strictly handle investors who obstruct the disbursement of public investment capital

Hoài Luân |

Binh Dinh requires departments, localities and investors to identify public investment disbursement as a top key political task in 2025.

As of mid-April 2025, the disbursement value of public investment capital managed by Binh Dinh province reached more than VND 1,733 billion, reaching 20.61% of the capital plan assigned by the Prime Minister and 18.29% compared to the capital plan assigned by the Provincial People's Council. In addition to some investors with good disbursement rates, there are still some investors who have not disbursed to meet requirements.

In order to speed up the disbursement process, Chairman of Binh Dinh Provincial People's Committee Pham Anh Tuan requested departments, branches, localities and investors to focus highly, identifying public investment capital disbursement as the top key political task in 2025.

This is key for the GRDP growth target of 8.5% - 9%, while determined to achieve double-digit growth (from 10% or more), creating momentum to promote new development space and mobilize non-budgetary capital for development investment.

For projects with completed volumes at the site, the Chairman of the People's Committee of Binh Dinh province requested investors to urgently accept and complete documents to submit to the State Treasury for immediate payment, to avoid the situation of backlog of implementation volume without payment or accumulation of payment by the end of the year.

Investors must take advantage of favorable weather, stick close to the site, closely coordinate with contractors to promptly remove arising difficulties, urge construction according to the committed schedule, and conduct partial acceptance to ensure progress, quality and compliance with regulations.

"Tighten discipline and order in the work of acceptance and disbursement of public investment capital; resolutely strictly handle investors, project management boards, organizations and individuals who intentionally cause difficulties, hinder or lack responsibility to slow down the progress of implementation and disbursement of public investment capital", Mr. Pham Anh Tuan directed.

For two key projects of the province (project on Construction of runway No. 2 and synchronous works at Phu Cat Airport; Quy Nhon - Pleiku Expressway Project Management Board), the Provincial Traffic and Civil Works Project Management Board coordinated with relevant agencies to urgently complete procedures to submit to competent authorities for approval as a basis for allocating the remaining provincial budget capital plan.

The Chairman of the Provincial People's Committee also assigned the Department of Finance to preside over and coordinate with relevant parties to implement solutions to ensure revenue meets the 2025 land use fee plan targets, creating capital for public investment; at the same time, ensuring timely and sufficient capital allocation for investment preparation, compensation, and support for site clearance, avoiding the situation of "having land but no money to pay".

Regularly review and advise on adjusting and transferring the 2025 capital plan for projects with low disbursement capacity or incapable of disbursement, to projects with good disbursement capacity, with completed volumes that need additional capital for payment, ensuring project implementation progress.

Hoài Luân
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