Khanh Hoa Provincial People's Committee has just issued a document directing departments, branches, localities and investors to accelerate the implementation of the public investment disbursement plan in 2025, in the context that the disbursement rate is still very low compared to requirements.
Accordingly, Chairman of Khanh Hoa Provincial People's Committee Nguyen Tan Tuan requested relevant units to develop a detailed disbursement plan for each project, strictly following the monthly and quarterly progress.
The goal is to achieve a disbursement rate of over 50% by June 30, 2025. This plan will be compiled and reported to the Department of Finance.
Khanh Hoa province emphasizes the need to closely coordinate with local authorities in the work of reviewing, compensating, and site clearance.
It is necessary to clearly determine the time frame for completing each work in accordance with legal regulations. Cases of intentional obstruction of site clearance will be resolutely handled.
Investors are required to strengthen site inspection, urge contractors to construct, and arrange adequate machinery and human resources to speed up progress and ensure the quality of the project. Organizations and individuals who delay the disbursement and implementation of projects will be handled according to their authority or reported to competent authorities.
Payment and settlement of public investment capital are also required to be accelerated. Within 3 working days from the date of completion of the volume, the units must complete the documents and procedures to make immediate payments, not to deposit them until the end of the year.
In addition, the People's Committee of Khanh Hoa province requested to continue reviewing and proposing capital cuts for projects that are unable to fully disburse to supplement projects with better progress.
The flow and coordination to handle difficulties and problems will be carried out according to the "Green Line" process.
Local authorities are required to urgently speed up compensation and resettlement support, develop detailed plans for each project to hand over the site on schedule.
By the end of March 2025, the disbursement rate of public investment capital in Khanh Hoa province has only reached 4.9% compared to the capital plan assigned by the Prime Minister, and reached 5.7% compared to the capital plan allocated by the Provincial People's Committee (excluding local government bonds not issued). This is lower than the national average.
