According to the Hai Duong Provincial Statistics Office, thanks to drastic implementation of solutions to promote disbursement of public investment capital in the last months of the year, public investment capital implementation in November achieved a fairly high growth rate compared to the previous month and the same period in 2023.
In November, it is estimated that investment capital from the state budget managed by localities reached VND1,190 billion, up 46.2% over the same period last year. Of which, provincial state budget capital reached VND735 billion, up 56.4%; district state budget capital reached VND415 billion, up 35.1%; commune budget capital reached VND40 billion, up 8.2%. Compared to the same period, this is the month with the highest increase since the beginning of the year.
According to the Provincial Statistics Office, the reason is that some traffic projects have large total investment, are in the asphalt paving stage, so the value is high; some projects are disbursing compensation funds for site clearance. At the same time, favorable weather conditions have resulted in the construction volume of most projects being higher than other quarters of the year.
In the first 11 months of the year, the total investment capital from the state budget managed by localities was estimated at VND5,455.6 billion, reaching 66.0% of the annual plan, up 6.9% over the same period last year. Of which: provincial state budget capital was estimated at VND3,412.9 billion, accounting for 62.6% of the total investment capital, up 24.2%; district state budget capital was estimated at VND1,813.6 billion, accounting for 33.2% of the total investment capital, down 11.0%; commune state budget capital was estimated at VND228.1 billion, accounting for 4.2% of the total investment capital, down 28.2% over the same period last year.
Faced with urgent requirements for disbursement of public investment capital (striving to reach over 95%) as directed by the Prime Minister, the Chairman of the Provincial People's Committee requested the Departments, branches, the Provincial Construction Investment Project Management Board, the People's Committees of districts, cities, towns, and investors to continue to focus on accelerating the progress of completing investment preparation procedures, establishing, appraising and approving design - project estimates.
