Disbursement of public investment capital in the first 2 months of Da Nang has not achieved progress

Nguyễn Linh |

Da Nang - The disbursement rate of public investment capital of Da Nang city in the first two months of the year was low, causing enormous pressure to accumulate for the end of the year.

According to the Da Nang City Statistics Office, in the first 2 months of 2026, investment capital implemented from the state budget managed by the locality is estimated at 1,475.1 billion VND. This figure is only 10.6% compared to the annual capital plan assigned and reduced by 24.9% compared to the same period in 2025.

In February alone, the realized value is estimated at 640.1 billion VND, down 23.3% compared to the previous month and down 26.6% compared to the same period last year.

One of the reasons leading to the above situation is due to the significant impact of the long Binh Ngo Lunar New Year holiday, causing many projects to have construction interruptions. In addition, newly started projects are in the stage of completing investment procedures and selecting contractors, so no large volume of implementation has been generated.

At key projects of the city, the implementation rate compared to the 2026 plan is still very low. The Hoi An Erosion Prevention and Sustainable Coastal Protection Project has an estimated implementation value in February of 28 billion VND, accumulated from the start of construction to now only reached 5.8% of the annual plan. The Project to Complete Coastal Road 129 (Vo Chi Cong) has an implementation value in February of 30 billion VND, accumulated reaching 6.1% of the annual plan. The road connecting the Western Ring Road to La Son - Tuy Loan expressway is estimated to be implemented in February of 23.9 billion VND, accumulated reaching 6.0% of the plan. The Project to Upgrade and Renovate Park 29 March has an implementation value in February of 10.9 billion VND, accumulated only 6.0% of the plan.

According to the Da Nang City Statistics Office, the disbursement of public investment capital not meeting the progress right from the first months of the year will create bottlenecks. The pressure accumulated towards the end of the year will be extremely great when units have to race to spend all capital in accordance with regulations.

This situation easily leads to the consequence of rushing in construction to keep up with the disbursement progress, thereby making it difficult to ensure the quality of the project. Conversely, if it is not possible to disburse all the allocated capital, the city will miss the opportunity to create leverage to promote the development of other economic sectors.

Nguyễn Linh
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