Public investment capital 2021 accelerated implementation and disbursement

Disbursement of public investment capital is still low

In which, the province-managed capital reached 43.1 percent of the plan, the district-managed capital reached 47.8 percent, they do not meet the requirements and the direction of the Provincial People's Committee. In which, some disbursed capital sources are very low, especially ODA and targeted support from the central government for the province. According to the assessment, the reason is that some investors have not really focused on public investment, so the disbursement rate is still low.

To speed up the implementation and disbursement of the public investment capital 2021 according to the proposed plan, the Provincial People's Committee requires investors, provincial departments, branches, People's Committees of districts, town and city to allocate clear tasks for each individual or organization in charge of each specific project; planning the implementation progress of each stage, step by step from now until the end of September 30, 2021 and to the end of 2021 of each project and capital source. At the same time, they promptly propose and recommend competent authorities to solve difficulties and problems arising in the process of construction.

Provincial People's Committee requests provincial departments, branches, People's Committees of districts, town, city, investors to strengthen their initiative, actively coordinate closely, speed up the compensation and site clearance progress of projects. The investors will coordinate with the construction units of the works under their management to make a list of officials and workers of each construction unit and send it to the People's Committees of the districts, town and city where the works are performed to prioritize vaccination against Covid-19.

Provincial People's Committee asks investors and units to speed up the implementation and disbursement of public investment capital (Illustrative photo)

For the transportation of materials, machinery and human resources (required to move) to carry out the works, the People's Committees of districts, town, city and checkpoints are requested to create favorable conditions for traffic on the basis of ensuring the regulations on epidemic prevention and control. For transportation through many provinces, if there are difficulties or problems, the investors must immediately report to the Provincial People's Committee and the Department of Transport for timely resolution.

The Provincial People's Committee assigned the Department of Planning and Investment to monitor the disbursement progress of each investor. By September 30, 2021, to summarize and report to the Provincial People's Committee to reduce the capital of the investor whose disbursement rate is less than 70 percent of the assigned capital plan to adjust to another investor whose project has additional capital needs for implementation. The Provincial People's Committee will consider emulation and responsibility of each investor, especially the leader in case the capital plan is not fully disbursed as prescribed./.

By Le Duc – Translated by Duc Tam 

Source: https://baolongan.vn/day-manh-tien-do-thuc-hien-va-giai-ngan-von-dau-tu-cong-2021-a121252.html