On August 9, the Government Office announced that Prime Minister Pham Minh Chinh has just signed Directive No. 26/CT-TTg on key tasks and solutions to accelerate disbursement of public investment capital in the last months of 2024.
The directive states that 2024 must be a breakthrough year in disbursement of public investment capital, striving to achieve a disbursement rate of over 95% of the plan assigned by the Prime Minister, creating favorable conditions to complete the socio-economic development targets in 2024 and striving to complete at least 3,000 kilometers of expressways by the end of 2025.
The Prime Minister requires ministries, central agencies, and localities to promptly complete investment procedures, bidding, and strive to start all investment projects and programs public investment within their management scope that have been assigned and allocated by competent authorities.
The Prime Minister requires that the disbursement of public investment capital must be accelerated, and ministries, central agencies, and localities must focus on leading and directing the implementation of projects, considering land acquisition and site clearance as a bottleneck that needs to be addressed.
Priority should be given to allocating sufficient funds to implement land acquisition and site clearance for areas that meet the conditions; not to leave projects pending for site clearance, especially important national projects, expressways, key projects, inter-regional roads, and coastal roads.
In addition, ministries, central agencies, and localities need to focus on resolving difficulties and obstacles related to land and natural resources.
Continuing to focus on strictly implementing the Prime Minister's and Deputy Prime Minister's instructions to resolve difficulties related to mining permits, exploitation of construction materials, sand, and soil... to ensure that public investment projects are implemented quickly, efficiently, and in accordance with the law.
Implementing measures to control prices and quality of construction materials to serve public investment projects. Strictly handling cases of artificial scarcity, collusion between mine owners to raise prices, and exploitation and supply not in accordance with regulations, affecting the construction of projects.
The Prime Minister requires increasing the frequency of project inspections to promptly address existing issues, accelerate the implementation and disbursement of public investment capital.
Tightening discipline and integrity in the disbursement of public investment capital, resolutely handling severely any investors, project management boards, organizations, and individuals who intentionally create difficulties, hinder, or are irresponsible in delaying the allocation of funds, adjusting funds, implementing projects, and disbursing public investment capital.
Replacing promptly any officials, public servants, or civil servants who are weak in their abilities, sluggish, or create obstacles, corruption, and negative phenomena, resolutely handling any negative behaviors in public investment management.
In addition, the disbursement of public investment capital must be implemented in a real and effective manner, without abusing the temporary payment of contracts. Ensuring the time allocated for public investment capital to implement projects in accordance with the Investment Law, limiting the submission of projects to competent authorities for a long time.
Monitoring market price fluctuations, promptly researching and proposing to competent authorities solutions to manage prices, tax policies, and other policies to stabilize prices, reduce costs for businesses, including those operating in the construction sector.
In August 2024, guiding the management and conversion of forest land and rice land related to the implementation of public investment projects.
