Slow progress at a series of key projects
The reality of key projects and works in Da Nang city has clearly shown the uneven and challenging disbursement. Although there are some large projects that have achieved quite good overall progress, when going into each item, the "bottlenecks" are still clearly revealed.
A typical example is the Coastal Road Project connecting Lien Chieu Port with a total investment of more than 1,203 billion VND. Although the overall volume has reached 82.30%, with the overpass and Lien Chieu bridge items reaching over 90%, the traffic route alone has been slowly constructed at 58.0%. Similarly, the Lien Chieu Port Construction Investment Project (shared infrastructure) has only reached 80.17%, although it has reached 95% of the total value, the road and drainage system items have only reached 80.17%.
The coastal road 129 completion project ( Vo Chi Cong Street) has an implementation value of only 329.8 billion VND, equivalent to 42.7% of the planned capital allocated for the year. In particular, two major bottlenecks - lack of roadbed soil and slow site clearance (GPMB) - may cause the progress of the Coastal Road 129 completion project to be extended to 2026, although the project has been extended once until the end of 2025.
This project includes two component projects: (1) completing coastal road 129 ( Vo Chi Cong street); (2) the route connecting Vo Chi Cong street to Dong Que Son Industrial Park, connecting National Highway 14H and National Highway 1. The total investment is more than VND 2,056 billion, of which component project 1 accounts for VND 1,100 billion, component project 2 accounts for more than VND 956.7 billion.
The 29/3 Park Upgrade and Renovation Project, a project for the people that many people are looking forward to, is estimated to be implemented at only 50.8% compared to the annual capital plan. The Hoi An Coastal Anti-Erdosion and Sustainable Protection Project has only disbursed 64.1% of the annual capital plan by the end of November. The Quang Nam Central Region Link Project, an important project in infrastructure connection, has only reached 52.4% of the planned capital since the beginning of the year.
Admitting the situation of delays
Responding to the press, a representative of the Da Nang Department of Finance frankly admitted this worrying situation. Accordingly, the disbursement rate is still very slow, only reaching about 55% of the target assigned by the Government and only reaching about 51% of the target of the City People's Council. These are significantly lower than expected figures and show that the most important capital flow for infrastructure development is being blocked.
Explaining this number, the representative said that in addition to inherent difficulties, repeated over many years such as problems in site clearance or prolonged investment procedures, this year there is also a special cause. "Difficulties in rearranging management boards are also the reason for the low disbursement rate of public investment in the city," emphasized the representative of the Department of Finance.
The arrangement and consolidation of the apparatus of project management boards, although necessary for long-term orientation, has caused certain disruptions, directly affecting the progress of implementation, acceptance and payment for projects.
Faced with this situation, the Department of Finance said that the unit will increase solutions in the last month of the year. Specifically, the Department will regularly coordinate closely with the State Treasury to continuously update disbursement data, thereby promptly reporting to the leaders of the City Party Committee, People's Council, and People's Committee to monitor and have more drastic instructions and urging investors and project management boards.
