Mr. Nguyen Hoang Thoai - a delegate of Bac Lieu Provincial People's Council expressed concern when the disbursement rate of public investment capital only reached 54.59%, while the province's target is to reach 95% by the end of the year. So what solutions does the Provincial People's Committee have in the last month of 2024 to achieve a disbursement rate of 95%.
Responding to delegate Thoai, Mr. Huynh Cong Quan - Director of the Department of Planning and Investment of Bac Lieu province - said that recently, the Provincial Party Committee and Provincial People's Committee have paid great attention to directing this issue.
The province has decided to establish a team to resolve difficulties in directing the disbursement of public investment capital, headed by the Standing Vice Chairman of the Provincial People's Committee.

According to the Director of the Department of Planning and Investment of Bac Lieu province, after reviewing the list of projects, works and works with low disbursement rates, the reason is that the investment preparation stage is still limited; site clearance is slow; many projects have to extend construction progress, some projects have to comply with the provisions of the Law on Public Investment on changing scale and time for deciding on investment policy, so it affects the disbursement rate.
Regarding solutions to accelerate the disbursement of public investment capital, Mr. Quan said that currently, the Provincial People's Committee has directed investors to review projects and works that are facing difficulties in order to request capital transfer, in order to promote the disbursement rate.
At the same time, coordinate with localities to effectively carry out site clearance for major key projects of the province, such as Highway 980. For projects that have investment policy decisions, speed up project approval to have sufficient basis for disbursement, including projects that have allocated medium-term public investment capital and allocated investment preparation capital.
However, up to now, investment procedures have not been completed, such as the Inner Ring Road, Outer Ring Road, construction of the Bac Lieu City People's Committee headquarters, Trem Trem - Xeo Quao road; embankment along National Highway 1...

Despite many difficulties, Mr. Quan said that investors are completing investment preparation procedures to disburse projects in 2024. "According to the commitment of investors, Project Management Boards and District People's Committees ensure the disbursement rate as committed," Mr. Quan added.
Currently, a series of projects in Bac Lieu province are behind schedule, typically: the National Highway 1A flood control embankment project; the East Sea dyke upgrade project to combat climate change from Muong 1 to Huyen Ke; the urgent irrigation system dredging project, removing acid and salt water to serve production, combining waterway traffic in the North and South of National Highway 1A, embanking both banks of the Bac Lieu city river; the Nha Mat embankment construction project from Nha Mat bridge to Nha Mat culvert; the Ninh Quoi - Ngan Dua road upgrade project; the Phuoc Long - Ba Dinh road construction project.