Disbursement is much lower than the national average.
According to the leader of the provincial Department of Planning and Investment, the investment capital plan for 2024 assigned by Quang Ngai province is over 6,902 billion VND. Of which, the local budget is over 5,045 billion VND and the central budget is over 1,857 billion VND. Up to now, the province has allocated in detail for tasks and projects eligible for capital allocation in 2024 is over 5,698 billion VND, the remaining unallocated is over 1,205 billion VND.
By October 31, 2024, disbursement is about VND 1,940 billion, equal to 28.1% of the assigned capital plan. It is estimated that by November 30, 2024, disbursement is about VND 2,497 billion, equal to 36.2% of the assigned capital plan.
The province's disbursement results in the past 10 months were much lower than the national average and lower than the same period in 2023. In particular, key projects and coastal inter-regional transport projects had very low disbursement rates and slow progress in site handover. In addition to subjective and inherent causes affecting the progress of implementation and disbursement of public investment capital plans, in the actual implementation process, the implementation of investment capital disbursement encountered a number of difficulties and obstacles, slowing down the construction progress and capital disbursement. In particular, the biggest obstacle is still site clearance.
Discuss solutions, not difficulties
At a recent meeting with leaders of the province's functional departments and agencies and People's Committees of districts, towns and cities to listen to reports on the implementation and disbursement of public investment capital in 2024, Mr. Nguyen Hoang Giang - Chairman of the People's Committee of Quang Ngai province requested the entire political system to make more efforts, be more determined, focus on removing bottlenecks to speed up the implementation of projects, striving for the province's disbursement rate to reach 80% or more by the end of 2024.
The working spirit is not to discuss difficulties but only discuss implementation solutions. Investors must look directly at specific problems to find solutions to speed up the disbursement of public investment capital. Mr. Nguyen Hoang Giang also noted that the leaders of the Provincial Traffic Construction Investment Project Management Board, the unit that accounts for a large proportion of the province's public investment capital, need to study solutions, review, and calculate project implementation plans, ensuring the highest disbursement rate to contribute to increasing the province's disbursement rate this year.
Local leaders must closely coordinate and support the Provincial Traffic Construction Investment Project Management Board to remove difficulties, focus on compensation and resettlement to promptly hand over the site to investors to implement the projects.
Mr. Nguyen Hoang Giang also requested that investors take full responsibility if the delay in reporting and providing information affects the direction and management of the Provincial People's Committee. Be responsible to the Provincial People's Committee and the Chairman of the Provincial People's Committee for the disbursement results of investment capital sources of the agencies and units under their management.
