Project management boards speed up disbursement
After the merger, the Government assigned Ho Chi Minh City a public investment capital plan of nearly VND 119,000 billion. According to the Ho Chi Minh City Department of Finance, as of December 5, the total disbursed public investment capital reached VND 73,812 billion, equivalent to about 61% of the plan assigned by the Prime Minister.
Ho Chi Minh City needs to disburse an additional VND45,000 billion to complete the disbursement target of 100% of the assigned capital plan.
Mr. Le Ngoc Hung - Deputy Director of the Ho Chi Minh City Traffic Construction Investment Project Management Board (Traffic Board) - said that as of December 11, the Board had disbursed VND9,490 billion out of a total of VND17,016 billion of public investment capital allocated in 2025, reaching a rate of 56%. It is expected that from now until the end of the disbursement period (end of January 2026), the Traffic Department will strive to achieve a disbursement rate of over 95%.
According to Mr. Hung, on December 19, the Traffic Department simultaneously started many major projects, including: Two component projects of Ring Road 2 with a total capital of more than VND 5,200 billion; component project 2 of Ho Chi Minh City - Moc Bai Expressway with more than VND 2,400 billion; Nguyen Khoi bridge project with more than VND 3,700 billion. In particular, the Ho Chi Minh City - Moc Bai Expressway project is expected to disburse an additional VND3,073 billion for compensation and site clearance by the end of 2025.
Meanwhile, the Ho Chi Minh City Urban Infrastructure Construction Investment Project Management Board ( urban Infrastructure Board) was assigned a capital plan of more than VND 7,600 billion for 111 projects, to date, VND 5,624 billion has been disbursed, reaching about 74%.
Mr. Dau An Phuc - Director of the Urban Infrastructure Board - said that to achieve the 100% disbursement target, the Board is waiting for the handover of the site according to the schedule of a series of key projects such as: Dredging, improving the environment and building infrastructure for Xuyen Tam canal; dredging the drainage axis of Xom Coi canal; building the Tra canal embankment from Xang bridge (Provincial road 15.5) to An Ha bridge (National Highway 22); upgrading and renovating Ben Muong canal...
According to Mr. Le Anh Tu - Deputy Director of the Department of Agriculture and Environment of Ho Chi Minh City, of the total public investment capital allocated this year, there is nearly 48,000 billion VND in compensation and support capital, accounting for about 40% of the total capital plan. To date, the city has disbursed nearly VND30,000 billion, reaching more than 62.6%, with about VND19,000 billion still needed to continue disbursing.
To speed up the progress, the Department of Agriculture and Environment of Ho Chi Minh City has proposed that the People's Committee of Ho Chi Minh City assign the Department of Finance to urgently work with investors and relevant agencies to review and transfer capital from projects that are no longer in need or cannot be disbursed to projects lacking capital. According to statistics, there are 38 projects in the old Ho Chi Minh City area and 14 projects in the old Ba Ria - Vung Tau area that need to be adjusted to increase, decrease capital or transfer resources to 2026, to ensure the target of compensation capital disbursement in 2025.
Green flow for large disbursement projects
Explaining the reason for the delay in public investment disbursement compared to the plan, Vice Chairman of Ho Chi Minh City People's Committee Bui Xuan Cuong said that the main problems come from site clearance, relocation of electrical technical infrastructure, local planning adjustment and slow implementation.
Ho Chi Minh City is currently focusing on accelerating compensation and site clearance for projects with large compensation values, striving to complete disbursement before January 31, 2026. Key projects include: Site clearance for Ho Chi Minh City Ring Road 4 projects (VND 4,665 billion) and Ho Chi Minh City - Thu Dau Mot - Chon Thanh expressway (VND 3,807 billion); compensation, support and resettlement for Ring Road 3 (VND 1,467 billion); embankment on both banks of Dinh River (VND 1,150 billion); Provincial Road 991 extension (VND 800 billion); upgrading and expanding Ba Ria - Chau Pha - Hac Dich road (VND 705 billion).
At the construction site, the investor is required to mobilize human resources, materials, and construction equipment according to the 3-shift, 4-shift mechanism, aiming to add at least 15 - 20% of the volume to compensate for progress. In particular, in the disbursement work, within just 4 working days from the date of completion of the volume, the investor completes the collection and payment documents to the State Treasury will be resolved immediately.
For 34 projects with a plan to disburse large capital, contractors registered to construct in 3 shifts and 4 teams, Ho Chi Minh City will arrange a green channel, allowing vehicles carrying materials to circulate on prohibited roads and prohibited hours to shorten the time and speed up the project implementation progress.
