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17/07/2024 - 16:02

Focus on disbursing public investment capital

The People's Committee of Long An province requires departments, branches and localities to drastically focus on measures and solutions to remove obstacles and difficulties, and promote disbursement of public investment capital, striving to achieve the set results by the end of the year.

The Department of Agriculture and Rural Development focuses on reviewing, establishing an inspection team, closely coordinating to remove obstacles, determined to accelerate the progress of public investment as planned, especially the embankment projects invested by the department

Many investors have not yet reached 50% disbursement

According to Director of the Department of Planning and Investment - Truong Van Liep, in 2024, the Provincial People's Committee allocated more than 9,913 billion VND. By July 3, 2024, 4,568 billion VND had been disbursed, reaching 46.1% of the plan. Of which, the province manages and disburses 44.9% of the plan, districts manage and disburse 50.1% of the plan. According to a report from the Ministry of Finance, in the first 6 months of 2024, Long An ranked 4th/63 provinces and cities and ranked 10th/107 investors nationwide in terms of disbursement of public investment capital.

Although the province's disbursement results are among the top in the country, according to the plan proposed by the Provincial People's Committee, by the end of the second quarter of 2024, the province's public investment capital disbursement should reach at least 50%. Currently, among 29 investors, there are 11 investors disbursing more than 50% of the plan, 18 investors disbursing less than 50% of the plan (7 investors disbursing from 40-50% and 11 investors disbursing less than 40% of the plan).

As of July 3, 2024, there are 18 investors disbursing less than 50% of the plan (illustration)

Director of the Department of Agriculture and Rural Development - Nguyen Thanh Truyen said: In 2024, the total assigned public investment capital is more than 860 billion VND, to deploy and implement 10 projects. However, the implementation of projects faces many difficulties due to problems in site clearance, procedures under the new Bidding Law, etc. By July 2024, the department disburses nearly 150 billion VND, reaching nearly 17% of the assigned capital plan.

Representative of the construction unit of Vam Co Tay riverbank landslide prevention project (ward 2 fish market section to Tan An new bridge) - Nguyen Van Chuan shared: "At first, the progress of the project was quite slow as disbursement work was still very low compared to requirements. The main reason is problems with site clearance work. On June 6, 2024, we were handed over a clean site for construction. Currently, the contractor focuses on mobilizing human and material resources to speed up the progress of the project. Every day, the construction site has about 30 workers, working the 3rd shift on Saturdays and Sundays. We closely coordinate with the investor to ensure the progress, organize acceptance, payment, and settlement according to the contract, and will complete the disbursement of the project according to plan."

Vice Chairman of Vinh Hung District People's Committee - Vo Van Bao informed that according to the public investment capital plan, the district was allocated nearly 100 billion VND. By early July 2024, disbursement reached nearly 30% of the plan. Public investment and capital disbursement are facing difficulties due to procedures related to the new Bidding Law. Most new construction projects are currently undergoing bidding, so progress is slow. Currently, obstacles were initially resolved, the district requested construction units to speed up progress and implement payment and disbursement procedures. For difficulties and obstacles that arise during the implementation process, the locality closely coordinates with departments, branches and construction units to resolve and remove them to ensure project progress as well as proposed capital budget.

Accelerate implementation progress

According to Mr. Nguyen Thanh Truyen, the Department of Agriculture and Rural Development reviewed each capital source, project list group, established a team to urge, inspect, speed up progress and improve the disbursement rate of public investment, striving to disburse all allocated capital at the end of the year. Regarding problems, especially embankment projects, the department established a delegation and coordinated with localities (Tan An city, Kien Tuong town, Ben Luc district, Can Giuoc, etc) to solve difficulties in compensation, site clearance, ensuring disbursement according to plan.

According to Chairman of Tan Tru District People's Committee - Trinh Phuoc Trung, by early July 2024, capital disbursement reachs less than 50%. The district is accelerating and focusing on measures and solutions to ensure completion of the capital disbursement plan in 2024. In particular, the district is speeding up the construction progress of projects, especially key projects to implement the Resolution of District Party Congress, serving the construction of districts and communes to meet advanced new rural standards in 2024; urging the construction unit to urgently complete the project as committed.

The district also strengthens coordination with relevant agencies and construction units (especially those behind schedule) to urgently speed up implementation progress; focus on implementing and disbursing public investment capital plans, completing procedures for immediate payment to construction units when eligible, for projects that have been accepted and completed, and make settlement for final payment; propagate and mobilize people to hand over land for project implementation.

Tan Tru district focuses synchronously and drastically to accelerate project progress as well as disburse public investment capital in the area (in photo: Workers constructing key projects upgrading and expanding Vam Co Tay river dikes (section from Ban sewer to Thanh Phong street))

Mr. Truong Van Liep said that in the first 6 months of the year, the province's public investment capital disbursement rate was much higher than the national average, but currently, this work still has certain difficulties and limitations. Up to now, the whole province has 11 new construction projects that have not yet been disbursed; some transitional projects have large capital but disbursement is still low (less than 30%); the Decree and Circular guiding the Bidding Law have just been issued, so investors have just begun to deploy and carry out bidding procedures for new construction packages, affecting the disbursement progress; due to site clearance work, some projects are delayed; the work of allocating capital to projects to create clean land funds does not have a specific mechanism, so capital cannot be allocated; etc.

On that basis, Mr. Truong Van Liep proposed and recommended a number of key solutions. The current disbursement rate is lower than the same period last year (on same period in 2023, disbursement reached 48.61% of the plan), so the department recommends that provincial departments, branches, local People's Committees, and investors seriously implement according to the direction of the Provincial People's Committee; investors with a disbursement rate of less than 50% of the plan must accelerate implementation and disbursement to ensure the plan according to the direction of the Provincial People's Committee. The Department of Planning and Investment will advise on the transfer of capital from disbursed investors who do not meet the plan to investors, works, and projects with high disbursement rates under the direction of the Provincial People's Committee.

In addition, the department requested some investors to urgently complete investment procedures to allocate the state budget capital investment plan in 2024 and complete project investment procedures eligible for allocation.

The People's Committee of Can Giuoc district and Kien Tuong town should urgently carry out land clearance, ensuring clean ground for the Department of Agriculture and Rural Development to carry out the construction of the Can Giuoc River bank landslide prevention project (Phuoc Lai commune, Can Giuoc district ) and landslide prevention embankment project (Kien Tuong town) using central capital support. The Department of Agriculture and Rural Development should seriously follow the direction of the Provincial People's Committee on implementing investment procedures for the above 2 projects.

For projects that carry out site clearance, especially projects with provincial departments and branches as investors, the department requests local People's Committees to complete site clearance work and soon hand over the site to the construction unit. The department also requested investors to review and advise the Provincial People's Committee on solutions to handle site clearance projects, ensuring the approved schedule and disbursement of all allocated capital (especially projects using central budget capital expired in 2024)./.

At the meeting chaired by the Chairman of the Provincial People's Committee on the progress of disbursement of public investment capital (July 8, 2024), the Provincial People's Committee seriously criticized 18 investors who disbursed less than 50% of the plan, of which 11 Investors disbursed less than 40% of the plan. The Provincial People's Committee requested the above investors to have a written report detailing the causes, directions for overcoming and solutions to be implemented in the near future.

The Provincial People's Committee assigned the Department of Planning and Investment to preside and coordinate with the Department of Finance, the Provincial State Treasury and investors to carry out capital transfers for newly started projects that have not been implemented by the end of the second quarter of 2024. Departments, branches and localities must focus on disbursement of public investment capital, seeing this as a driving force to promote economic growth in 2024; strive to disburse at least 80% of the plan by the end of the third quarter of 2024 and 100% by the end of 2024.

By Son Que - Translated by Q. Thien

Source: https://baolongan.vn/tap-trung-giai-ngan-vo-n-dau-tu-cong-a179349.html

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