National Assembly deputies propose to abolish the mechanism to turn public investment into "sweet star fruit"

PHẠM ĐÔNG |

National Assembly deputies proposed to thoroughly eliminate the ask-and-give mechanism and turn public investment into a "sweet candle", which has been and is a phenomenon leading to negativity.

On the afternoon of April 21, the National Assembly discussed the medium-term public investment plan for the period 2026-2030.

To increase the efficiency of public investment projects, delegate Le Huu Tri (Khanh Hoa delegation) proposed that the Government continue to review and resolutely eliminate projects that are not really necessary, urgent, and ineffective.

The delegate said that it is necessary to carry out a revolution to thoroughly and substantively innovate the management of national public investment. Thoroughly eliminate the ask-and-give mechanism and turn public investment into a "sweet star fruit" that has been and is becoming a phenomenon of negativity and corruption.

In addition to eliminating projects that are not really necessary, urgent, and ineffective, delegates from the Khanh Hoa delegation believe that the important thing is that each public investment capital spent must achieve socio-economic efficiency and make a substantial contribution to the growth of the economy.

According to the delegate, if the investment project does not clearly show the policy and investment efficiency, it is also necessary to resolutely cut, but it is also necessary to clarify the responsibility of the proposer or decision-maker of the investment policy of the project. It is also not advisable to trade growth at all costs to approve projects with unclear goals and ineffectiveness.

Regarding the effectiveness of public investment projects, the delegate emphasized that it is necessary to evaluate from the appraisal stage, deciding on investment policies, instead of waiting for capital allocation and then mid-term to comprehensively evaluate to adjust the capital structure.

At the same time, clearly stipulate the responsibilities of individuals who decide on investment policies and those who appraise projects and include them in the capital allocation plan.

There must be a remote and early monitoring mechanism, clearly defining responsibilities and strictly handling responsibilities in the selection of survey consultants, design, cost estimation, finalization approval and construction contractors.

This is fertile ground for inflating volume, applying incorrect norms and unit prices, pushing project capital prices higher than the actual value of the project to legalize negative corruption items," the delegate said.

Đại biểu Nguyễn Duy Minh phát biểu. Ảnh: Media Quốc hội
Delegate Nguyen Duy Minh speaks. Photo: Media National Assembly

Delegate Nguyen Duy Minh (Da Nang delegation) assessed that one of the biggest bottlenecks today is that investment procedures are still complicated and lack inter-connection.

A project of a few billion VND at the grassroots level must also fully implement the steps like a project of hundreds, thousands of billions of VND. There are small projects but it takes 1 to 2 years to complete procedures, while construction only takes a few months. This not only slows down progress but also increases costs and reduces investment efficiency," the delegate stated the reality.

To overcome the above situation, the delegate proposed that the Government continue to reform administrative procedures, especially classifying projects by scale and level of risk.

For small projects, it is necessary to simplify procedures, shorten procedures, and at the same time promote decentralization and delegation of power to localities in parallel with a mechanism to strengthen inspection and supervision.

Finally, it is necessary to review and resolutely remove from the list projects that are for retreat.

PHẠM ĐÔNG
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