Disbursement has not met expectations
On July 1, the Ca Mau Provincial Department of Finance said that as of June 22, the locality had disbursed 2,373 billion VND out of a total of 6,959.8 billion VND of public investment capital in 2026 assigned by the Prime Minister, reaching 34.1% of the plan. This level is higher than the national average (26.9%) but still lower than the target of 46% set by the province.
Including the capital source for 2025 extended to 2026 and the additional capital at the end of May 2026, the province's total capital plan is more than 10,036 billion VND. To date, the disbursed value has reached 2,562.6 billion VND, equivalent to 25.5% of the plan.
Notably, 70 key projects and works have just disbursed nearly 985 billion VND out of a total of more than 5,401 billion VND allocated, reaching about 18.2% of the plan.
According to the Department of Finance, immediately after being assigned the capital plan, the Provincial People's Committee has detailed allocations for projects that meet the conditions for implementation, and at the same time regularly reviews and adjusts the capital plan in accordance with the implementation progress.
The Standing Committee of the Provincial Party Committee also established 5 supervisory groups headed by the Standing Committee of the Provincial Party Committee, directly inspecting the site and removing difficulties for each project. Along with that, the Provincial People's Committee issued a plan to promote disbursement of public investment capital in 2026, clearly assigning the progress and responsibilities of each agency and unit.
Mr. Huynh Cong Quan - Director of the Department of Finance of Ca Mau province - said that the unit regularly advises on adjusting capital plans, monitoring disbursement progress weekly, monthly, quarterly, and urging investors to accelerate implementation.
Focus on removing bottlenecks in key projects
Although many solutions have been implemented, the progress of some large projects is still slow due to site clearance, land price determination, resettlement, technical infrastructure relocation and legal disputes.
Some projects are facing difficulties such as the investment project to build Ca Mau General Hospital with a scale of 1,200 beds; the road from Phuoc Long town to Ba Dinh; Trem Trem - Xeo Quao road; storm shelter anchorage area and Cai Cung fishing port.
In addition, the shortage of construction materials and the fact that the actual material prices are higher than the announced prices have caused many obstacles in contractor selection and construction. Some projects started right in the rainy season also affected the implementation progress.
According to Chairman of Ca Mau Provincial People's Committee Lu Quang Ngoi, investors must closely follow monthly disbursement plans, accelerate contractor selection, closely coordinate with localities in site clearance and promptly report difficulties beyond their authority.
The Department of Construction is assigned to closely monitor market developments, proactively ensure the supply of construction materials and guide the handling of cases of material price fluctuations.
For the Department of Finance, the Provincial People's Committee requests to closely monitor the disbursement progress of each project, advise on capital transfer from slow-progress projects to projects with good disbursement capacity, ensuring the effective use of public investment capital and completing the disbursement target for 2026.
