On September 10, information from the People's Committee of Lao Cai province, as of September 7, the entire province of Lao Cai disbursed 5,507/12,356 billion VND of public investment capital, reaching 41% of the plan and 54.4% of the plan assigned by the Prime Minister.
The amount of capital still to be disbursed until the end of the 2026 fiscal year is 7, 299 billion VND, equivalent to an average of about 1,460 billion VND per month.
This is a great pressure in the last months of the year, especially when the province's goal is to complete 100% of the capital plan.
Notably, as of September 7, there were 20 investors with very low disbursement rates, below 20%, including the Land Fund Development Center and 19 communes and wards:
Nghia Lo, Chan Thinh, Khanh Yen, Muong Bo, Nghia Tam, Thuong Bang La, Nam Chay, Pung Luong, Chau Que, Cat Thinh, Ta Cu Ty, Nam Co, Gia Hoi, Cam Nhan, Che Tao, Phinh Ho, Ta Van, Lao Chai and Khao Mang.
Meanwhile, the total outstanding amount of advances for the whole province as of September 7 is 6,087 billion VND, equal to 49.3% of the 2026 capital plan and higher than the capital disbursed from the beginning of the year.
The settlement and recovery of due advances are therefore also identified as one of the tasks that need to be handled immediately.
According to the province's requirements, investors must closely follow the plan, develop detailed disbursement scenarios for each project, and clearly define progress, volume and responsibilities.
The goal is to achieve 75% of the plan in the third quarter and complete 100% in the fourth quarter.
In the immediate future, units must take advantage of favorable weather to accelerate construction and site clearance; urgently complete dossiers, accept and pay immediately when there is volume available.
Rural transport projects are required to be focused on implementation, in which capital sources of about 1,000 billion VND and 1,691 billion VND belonging to 3 project management boards need to be accelerated, basically completing the capital task assigned by the Central Government.
Lao Cai province also requested to review large projects to finalize the volume of works, and at the same time inspect and handle the situation of basic construction debt and long-standing problems and obstacles.
For communes and wards, disbursement plans must be specifically developed, linking disbursement ratio commitments with the Department of Finance.
Separately, rural transport capital must be implemented drastically, associated with assessing responsibility and work efficiency.
A noteworthy requirement is that 20 investors with disbursement rates below 20% must urgently review.
Before September 15, capital sources that are determined to be unable to be disbursed must be transferred to other units to avoid capital stagnation.
Along with that, due advances must be finalized and recovered before September 20, thereby creating additional resources for projects that are likely to be implemented and disbursed in the remaining time of the year.
Disbursement pressure is placed in the context that Lao Cai province identifies public investment as one of the important driving forces to achieve the economic growth target of 10.1% in 2026.
Therefore, the disbursement progress is not only a requirement for capital use but also directly affects the completion of the province's socio-economic development goals.
