The Ho Chi Minh City People's Committee has just issued a decision to establish a Steering Committee for key public investment projects in Ho Chi Minh City with 16 members.
Mr. Nguyen Van Duoc - Chairman of the Ho Chi Minh City People's Committee is the Head of the Committee; Mr. Bui Xuan Cuong - Vice Chairman of the Ho Chi Minh City People's Committee is the Standing Deputy Head of the Committee.
The Steering Committee is responsible for monitoring, urging, and removing difficulties and obstacles to speed up the disbursement progress and implementation of key projects.
The Department of Finance is assigned to preside over and coordinate with relevant departments and branches to advise on the operating mechanism and powers of the Steering Committee, and at the same time review and supplement the list of key projects and works, to be completed in September 2025.
The establishment of the Steering Committee for key public investment projects and works is expected to create a breakthrough to promote capital disbursement progress in Ho Chi Minh City, especially in the context of the recent two months when disbursement results have shown signs of slowing down.
In 2025, the total public investment plan of Ho Chi Minh City (after merging with Binh Duong, Ba Ria - Vung Tau) was assigned by the Prime Minister to more than VND 118,948 billion, including VND 15,299 billion from the central budget and VND 103,648 billion from the local budget.
The Ho Chi Minh City People's Committee has completed the detailed assignment and allocation, bringing the total implementation capital to more than VND151,431 billion, reaching 127% of the capital assigned by the Prime Minister.
As of September 11, Ho Chi Minh City has disbursed VND53,863 billion, of which the capital plan for 2025 alone reached VND53,712 billion, equivalent to 45.2% of the capital plan assigned by the Government and 35.5% of the capital plan allocated by the City.
Thus, to complete the task, Ho Chi Minh City needs to disburse an average of 590 billion VND per day for the remaining 3 months.
On September 16, Ho Chi Minh City Party Secretary Tran Luu Quang, Chairman of the Ho Chi Minh City People's Council Vo Van Minh and Chairman of the Ho Chi Minh City People's Committee Nguyen Van Duoc chaired a meeting to discuss solutions to promote the disbursement of public investment capital.
At the meeting, Chairman of the Ho Chi Minh City People's Committee Nguyen Van Duoc said that in the first 6 months of the year, Ho Chi Minh City achieved positive disbursement results, over 40% - the highest level in the past 5 years. However, in the past two months, the progress has been slow, affecting overall growth.
Mr. Nguyen Van Duoc requested relevant departments and units to analyze both objective and subjective causes, thereby proposing solutions to resolve them.
Concluding the meeting, Ho Chi Minh City Party Secretary Tran Luu Quang emphasized the need for a close coordination mechanism between departments, branches, and sectors with the grassroots government in capital disbursement, compensation, and site clearance.
The city will soon issue a process to guide the implementation of public investment projects, including procedures for relocating electrical technical infrastructure for faster implementation.
Ho Chi Minh City will also set up a hotline to receive feedback and problems from the commune and ward levels for timely handling.
The Secretary of the Ho Chi Minh City Party Committee requested to review the demand for construction materials for key projects, compile a list of material mines in operation, and study the mechanism for bringing filling materials directly to works, reducing intermediate costs.
