Accelerating slow capital disbursement progress in key projects
Binh Duong's 2024 public investment plan with state budget capital is 22,000 billion VND. According to the socio-economic situation report of Binh Duong Provincial People's Committee, as of October 15, 2024, the disbursement value of the 2024 public investment plan is more than 6,767 billion VND, reaching 44.3% of the capital plan assigned by the Prime Minister, and reaching 32.2% of the capital plan assigned by the Provincial People's Council.
According to the assessment, the province has allocated 100% of the capital plan for works and projects according to regulations, but the province's disbursement rate has not yet met expectations, and the amount of undisbursed capital is quite large.
Key projects are trying to ensure progress as planned and committed by investors registered at the beginning of the year.
According to records, the project to upgrade and expand National Highway 13, about 13km long, started in April 2022 and is still in disarray. Units are making efforts to clear the land. Once the land is cleared, the construction will be synchronized and accelerated.
The Ho Chi Minh City Ring Road 3 project passing through Binh Duong has relatively high progress in compensation and site clearance. Construction progress is being accelerated.
Mr. Nguyen Huu Tuan - Deputy Director of Binh Duong Department of Transport said that the construction package of Binh Chuan intersection has just been completed, reaching 123/490 billion VND (25%) compared to the contract volume. The Binh Goi bridge package has been completed, reaching 269/569 billion VND, reaching 47% compared to the contract volume. The construction package from Binh Chuan intersection to Saigon River has only reached 11.2% compared to the contract volume. The disbursement of construction and installation for the entire project has so far only spent 1,412/3,237 billion VND (43.6%).
Two other major traffic projects are the 47.5 km Ho Chi Minh City Ring Road 4 through Binh Duong province and the 52 km Ho Chi Minh City - Thu Dau Mot - Chon Thanh Expressway through the province. They are speeding up the completion of legal procedures and are expected to start construction in November 2024.
Strive to disburse at least 85% of public investment plan
To speed up the disbursement of public investment capital, the leaders of Binh Duong Provincial People's Committee have directed departments and branches to regularly inspect, supervise, and take strict measures to handle cases of project implementation time extension due to weak capacity of contractors or consultants.
Require investors to fully implement and ensure the time for periodic and ad hoc reporting as required by competent authorities to serve the work of advising on public investment planning; Further strengthen the role and responsibility of heads of sectors and localities in directing and removing difficulties and obstacles in disbursing public investment capital, especially obstacles related to site clearance...
The Provincial People's Committee has launched a campaign to compete for the peak of public investment disbursement in 2024. By December 31, 2024, the disbursement rate of the public investment plan in the whole province will reach at least 85% according to the resolution assigned by the Provincial People's Council (equivalent to 122% of the plan assigned by the Prime Minister). In which, the disbursement rate of key projects without problems must reach over 80%.
Strive for the highest possible rate of public investment disbursement
Binh Duong Provincial Electronic Information Portal reported that the Provincial People's Committee has just held a conference to review public investment work in the past 9 months, deploy key tasks and directions for the remaining months of 2024 and launch the Emulation Plan for peak disbursement of public investment capital in 2024.
Concluding the conference, Mr. Vo Van Minh - Chairman of Binh Duong Provincial People's Committee requested units, investors, departments, branches and localities to seriously implement. Use public investment capital effectively, economically, without waste, for the right purposes and objects, comply with regulations on principles and criteria for capital allocation...
At the same time, Mr. Vo Van Minh suggested that we must look directly at subjective causes to remove bottlenecks, proactively propose solutions in the spirit of working for the common good. Strive to achieve the highest possible rate of public investment disbursement by the end of the year and complete the signed contents and targets.
