Lam Dong will transfer capital if the project is delayed or not implemented

LAM HỒNG |

Lam Dong is accelerating the progress of public investment in 2025. Projects that are slow or not implemented will be transferred capital.

On May 14, Lam Dong Provincial People's Committee issued an official dispatch directing departments, units, localities and investors to speed up the disbursement of public investment capital in 2025.

The Department of Finance is assigned to urgently review the State budget capital in 2025 and request departments, branches and localities to complete procedures to ensure conditions for capital allocation in accordance with regulations.

The Provincial People's Committee will allocate all allocated capital and report to the Ministry of Finance for the unallocated central budget capital.

Directors of departments and Chairmen of People's Committees of districts and cities are directed to strengthen discipline in disbursing public investment capital.

Focus on closely following the progress of each project, requiring the contractor to commit to the completion progress and organize periodic inspections at the construction site.

Based on the actual situation, units need to review and propose capital transfer from projects that are slow or unimplemented to projects that need additional capital before June 30, 2025.

This is to ensure the overall implementation and disbursement progress of the whole province, helping to soon complete the projects put into use.

Investors are also required to quickly complete the contractor selection documents and assign technical staff to monitor the project. Complete payment acceptance procedures within the prescribed time limit.

The management of construction quality and strict handling of contractors behind schedule are very important. This is to ensure the disbursement progress and put the project into use on time.

LAM HỒNG
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