Slow capital disbursement progress, many projects unfinished
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 early September 2024, the total disbursed value of public investment capital in Binh Duong was only 5,894 billion VND, reaching 28.1% of the plan assigned by Binh Duong Provincial People's Council (in the same period last year, it reached 38.3% of the plan), reaching 39.6% of the plan assigned by the Prime Minister.
According to records, currently, a number of key transport infrastructure projects in Binh Duong are stalled and behind schedule. Notably, the project to upgrade and expand National Highway 13, about 13km long, started in April 2022 and is still in disarray. The site clearance work has not been completely completed, and compensation is still being paid to relocate households and relocate the power grid. When the site is cleared, the construction will be synchronized and accelerated. The Ho Chi Minh City Ring Road 3 project passing through Binh Duong has a relatively high progress in site clearance compensation. However, construction and installation have not met expectations.
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 Ho Chi Minh City Ring Road 4 through Binh Duong province, 47.5km long, and Ho Chi Minh City - Thu Dau Mot - Chon Thanh Expressway through the province, about 52km long, expected to start construction at the end of April 2024, but now has to be postponed, expected to start construction in November 2024. Therefore, this also generally affects the progress of disbursement of public investment capital of the province.
Strengthening leadership responsibility
To accelerate the disbursement of public investment capital, the leaders of the Provincial People's Committee have directed departments and branches to regularly inspect, supervise, and take strict measures to handle cases of prolonging project implementation time due to weak capacity of contractors or consulting units. Require investors to fully implement and ensure the time of periodic and ad hoc reporting regimes as required by competent authorities to serve the advice work of managing public investment plans; Further strengthen the role and responsibility of heads of branches and localities in directing and removing difficulties and obstacles in disbursing public investment capital, especially obstacles related to site clearance work...
According to Mr. Vo Anh Tuan - Chief of Office of Binh Duong Provincial People's Committee, the province has assigned the Department of Planning and Investment to preside over and coordinate with the Department of Finance and related agencies, units and localities to urgently advise the Provincial People's Committee to issue a plan to implement the peak campaign "promoting disbursement of public investment capital", striving for the highest disbursement.
