Binh Dinh will handle investors who slow down capital disbursement progress

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Binh Dinh will strictly handle investors, units and individuals who intentionally cause difficulties, obstruct, and irresponsibly slow down the disbursement of public investment capital.

"Acceptance as it goes"

As of mid-November 2024, the value of public investment capital disbursement managed by Binh Dinh province was more than 6,250 billion VND, reaching more than 79% of the disbursement rate compared to the plan assigned by the Prime Minister and nearly 70% of the capital plan compared to the plan assigned by the Provincial People's Council, higher than the national average (more than 47%).

The remaining undisbursed capital plan is more than 2,687 billion VND, of which the provincial budget capital that needs to be disbursed is 2,274 billion VND and the central budget capital that needs to be disbursed is more than 413 billion VND.

Du an Tuyen duong ket noi tu Quoc lo 19 den Khu cong nghiep, Do thi va Dich vu Becamex Vsip Binh Dinh. Anh: Thanh Thanh
Project of connecting route from National Highway 19 to Becamex Vsip Binh Dinh Industrial, Urban and Service Park. Photo: Thanh Thanh

Mr. Nguyen Tuan Thanh - Permanent Vice Chairman of Binh Dinh Provincial People's Committee said that there are still some investors whose disbursement rate has not been achieved, due to subjective and objective reasons.

To complete the targets of public investment capital disbursement (by the end of the fourth quarter of 2024, reaching 90%, the capital plan from 2023 transferred to 2024 must reach 100%; by the end of January 31, 2025, striving to disburse 100% of the public investment capital plan for 2024), the Chairman of Binh Dinh Provincial People's Committee requested investors and related units to promote the disbursement of public investment capital in the last months of the year.

It is necessary to identify public investment disbursement as one of the top important political tasks of all levels and sectors, contributing to promoting economic growth and creating new development space.

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Chairman of Binh Dinh Provincial People's Committee Pham Anh Tuan (in blue hat) inspects the province's key transport project. Photo: Thanh Thanh

"Investors of projects that have volume on site need to urgently accept the volume and send it to the State Treasury for immediate payment, not to let the volume that has been completed but not paid remain, and not to let payment be made at the end of the year.

"The investor should closely follow the site to work with the contractor to resolve any arising difficulties and urge the construction progress to be accelerated, and accept the work as it is done, ensuring speed, quality, and compliance with regulations," Mr. Nguyen Tuan Thanh suggested.

Strictly handle cases of delayed disbursement

The Standing Vice Chairman of Binh Dinh Provincial People's Committee requested to tighten discipline and order in acceptance and disbursement of public investment capital, resolutely and strictly handle investors, Project Management Boards (PMUs), organizations and individuals who intentionally cause difficulties, obstructions, and lack of responsibility to slow down the progress of capital disbursement.

Linking construction progress with improving the quality of works, especially works in the transport sector, not paving when weather conditions are not suitable. Linking the responsibility of the Directors of District Project Management Boards and Chairmen of Commune People's Committees with the implementation results, taking disbursement results as the target for emulation and year-end rewards.

Ensure the time for arranging capital to implement the project according to regulations, minimize requests for extension of implementation time and disbursement to 2025.

"The Department of Planning and Investment advises the Provincial People's Committee to strictly handle investors, project management boards, organizations and individuals who delay the progress of capital allocation, capital adjustment, project implementation and disbursement of public investment capital.

"Monitor and urge to ensure 100% disbursement of assigned capital plan; coordinate with relevant agencies and units to review and establish working groups to take measures to support and enhance disbursement in localities with low disbursement rates over the years," Mr. Nguyen Tuan Thanh suggested.

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