Hung Yen ensures material supply for key projects

Mai Hương |

Hung Yen - On October 14, the Provincial People's Committee held a meeting to review the progress of implementation and disbursement of public investment projects decided by the Provincial People's Committee for investment.

According to the report of the Department of Finance, the province's public investment capital plan for 2025 assigned by the Prime Minister is 40,300.7 billion VND, including 33,616.4 billion VND of local budget balance capital and 6,684.3 billion VND of central budget capital. As of October 10, the whole province has disbursed VND 20,168.3 billion, reaching 50% of the plan, an increase of more than VND 2,700 billion compared to July 1, 2025.

In addition to the achieved results, the disbursement progress is still slow in some projects. The main reason is the increased capital plan for 2025, while the preparation for investment, approval and selection of contractors for some large projects is still prolonged. Many projects are facing difficulties in site clearance, lack of resettlement land funds, along with a shortage of materials and increased material prices, making construction difficult. In addition, the implementation of the two-level local government model and the delay in adjusting investment policies also affect the disbursement progress.

At the conference, delegates focused on discussing and proposing many solutions to remove difficulties, speed up implementation progress and disbursement of public investment capital in the last months of 2025.

Concluding the meeting, Vice Chairman of the Provincial People's Committee Nguyen Le Huy requested departments, branches and localities to seriously assess all objective and subjective reasons affecting disbursement progress; strictly implement the direction of the Government, the Prime Minister and the Provincial People's Committee on promoting public investment disbursement, considering this a key task in 2025.

Pho Chu tich UBND tinh Nguyen Le Huy phat bieu ket luan cuoc hop. Anh: Cong TTDT tinh Hung Yen
Vice Chairman of the Provincial People's Committee Nguyen Le Huy delivered a concluding speech at the meeting. Photo: Hung Yen Provincial Portal

Vice Chairman of the Provincial People's Committee Nguyen Le Huy proposed to perfect the apparatus of agencies, units, and investors to ensure smooth operations; speed up the completion of investment procedures, and allocate all remaining capital according to regulations. The Management Board of Construction Investment Projects No. 1 and No. 2 is assigned to enhance its responsibility in inspecting and urging the progress of projects, regularly reporting on disbursement progress; requiring investors to commit to disbursement according to the progress of each month, each project, with clear assignment of responsibilities.

The Vice Chairman of the Provincial People's Committee also assigned departments, branches and specialized agencies to proactively review, guide, announce and update construction price index, material price, labor unit price in accordance with reality; at the same time, coordinate with neighboring localities to ensure material supply for key projects. Investors need to proactively review and adjust capital plans, prioritizing capital transfer from slow projects to projects with good progress.

Mr. Nguyen Le Huy affirmed that the Provincial People's Committee will continue to direct departments, branches and localities to accompany and support businesses and investors, promptly remove difficulties, create favorable conditions for projects to be implemented effectively, contributing to promoting the socio-economic development of the province.

Mai Hương
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