Disbursement of public investment capital in the first half of 2024 reaches nearly 50%

In the first 6 months of 2024, Long An province's capital disbursement reached nearly 50%

Specifically, as of June 30, 2024, Long An has allocated a total capital of more than 9,913 billion VND; The implementation volume is more than 4,572 billion VND, reaching 46.12% of the plan; the province disbursed more than 4,568 billion VND, reaching 46.09% of the plan.

Of which, the district's managed capital is more than 2,202 billion VND, the implementation and disbursement volume is over 1,102 billion VND, reaching 50.08% of the plan; The province's managed capital is more than 7,710 billion VND, the implementation volume is more than 3,469 billion VND, reaching 44.99% of the plan, the province disbursed more than 3,465 billion VND, reaching 44.95% of the plan.

With this result, Long An ranked 4th/63 provinces and cities and ranked 10th/107 in term of investors nationwide.

However, this rate is lower than the same period (48.61%) because a number of Decrees and Circulars guiding the Law on Bidding have just been issued, so investors have just started implementing bidding procedures for initial bidding packages, affecting disbursement progress; there are still some site clearance work and problems in some projects, etc.

To ensure capital disbursement according to plan, the Provincial People's Committee requires provincial departments, branches, and investors to seriously deploy, implement and disburse the State budget capital investment plan for 2024 according to the guiding spirit; request the 2 working groups to regularly inspect, urge and promptly resolve difficulties and obstacles in the process of implementing, and disbursing the State budget capital investment plan in 2024; promptly report to the Provincial People's Committee to direct the resolution of issues beyond authority; etc./.

By Thanh My - Translated by Q. Thien

Source: https://baolongan.vn/giai-ngan-von-dau-tu-cong-6-thang-dau-nam-2024-dat-gan-50--a178962.html