In the first 4 months of 2025, the total disbursement value of public investment capital managed by Binh Dinh province reached more than VND 2,062 billion, reaching 24.52% of the plan assigned by the Prime Minister. This is higher than the national average (14.3%). However, besides units with good disbursement rates, there are still some investors who are slow to disburse, due to many different reasons.
In the context of the economy being significantly affected by the US counterpart tax policy, promoting the disbursement of public investment capital is not only urgent, but also of great significance in implementing the province's socio-economic development goals.
To complete the disbursement goals, Chairman of Binh Dinh Provincial People's Committee Pham Anh Tuan requested investors, district-level People's Committees and relevant agencies and units to identify public investment disbursement as a key political task, in order to ensure the province's GRDP growth target of 8.5%-9%, striving for double-digit growth (10% or more).
"Shooting the disbursement progress must be associated with ensuring the quality of works and projects, preventing negativity, loss, waste, and violations," Mr. Pham Anh Tuan emphasized.
The Chairman of Binh Dinh Provincial People's Committee also assigned the Provincial Traffic and Civil Project Management Board to coordinate with relevant parties to urgently complete the procedures to submit to competent authorities for approval of two key projects: Runway No. 2 Construction Project and synchronous works at Phu Cat Airport; Quy Nhon - Pleiku Expressway Project. This is the basis for the province to completely allocate the unallocated budget.
The Department of Finance reviews and submits to competent authorities to adjust district-level investors to specialized agencies and provincial-level units to continue implementing the project. This adjustment helps to remove difficulties in implementation capacity, while creating a favorable mentality for contractors to speed up construction progress.
Regarding the task of public investment expenditure of localities (district and commune levels), the Department of Finance coordinates with the People's Committees at the district level to review investment and development funds at the district level, in which priority is given to payment for works and projects with outstanding basic construction from 2025 onwards.
"For completed projects, it is necessary to urgently carry out settlement work, complete documents to hand over to the People's Committees of communes, wards and towns for management before June 30," Mr. Pham Anh Tuan directed.
Immediately after signing the contract, provincial investors need to closely coordinate with contractors to promptly implement advance procedures, to ensure capital to help contractors prepare adequate materials and equipment for construction.
It is necessary to promote the implementation of solutions in compensation and site clearance, especially ensuring that compensation payment capital is fully allocated, on schedule, avoiding the situation of "having premises but no funding for payment". At the same time, it is necessary to review and reduce unnecessary procedures; promptly resolve recommendations and complaints from people to avoid prolonged suppression of anger, causing instability of order in the locality...
