Public investment capital focused on disbursing

1. The situation of Covid-19 epidemic in the area is under control, the province has begun to restore socio-economic development. The province directs localities to focus on solutions, remove obstacles and difficulties to disburse public investment capital according to the proposed plan. Information from the People's Committee of Tan An City, the total provincial capital plan assigned in 2021 in the area is more than 621 billion VND.

By the end of October 2021, the volume was done more than 418 billion VND, reaching 67.38 percent of the capital plan. The disbursed value of investment capital plan is nearly 350 billion VND, reaching 56.29 percent of the plan assigned by the province. The capital source of Tan An City People's Committee is more than 175 billion VND, the disbursed value is more than 146 billion VND, reaching 83.34 percent of the plan.

Tan An City strives to disburse public investment capital in 2021 as planned (In the photo: Huynh Thi Lung Road, Nhon Thanh Trung commune - one of the investment projects in 2021 of Tan An City, is being completed) According to Vice Chairman of Tan An City People's Committee - Vo Hong Thao, the locality always focuses on implementing projects, accelerating disbursement of public investment capital. However, when the Covid-19 epidemic broke out and complicated developments, Tan An City had to implement social distancing to prioritize focus on epidemic prevention and control, considering the task of protecting the people’s health and life first of all.

On the other hand, the high price of construction materials affects the project implementation progress and the financial plan of the construction contractor. The work of compensation for site clearance still has many shortcomings. Some key projects have a large amount of ground clearance, so the process of making compensation plans takes a long time. The investment preparation work in some projects is still slow. The capacity to prepare projects and organize the implementation of projects of some investors has not met the requirements, so on affecting the disbursement of investment capital.

In the last months of 2021, the locality forecasts that the epidemic situation will continue to affect and impact the socio-economic development of the city. With the motto "Safe adaptation, flexibility, effective control of the Covid-19 epidemic", in order to strive for the highest disbursement rate of public investment capital in 2021, the City People's Committee requires specialized departments and divisions to and localities to strengthen coordination to quickly deploy solutions to implement the public investment plan in the year, focus on monitoring and evaluating the progress of specific works and projects to have solutions to support solving difficulties and problems timely.

On that basis, the units make detailed disbursement plans for each specific project and work based on the actual implementation progress; the procedures for payment of public investment capital must be completed within 5 days from the date on which the volume is tested and accepted as prescribed.

At the same time, the city continues to uphold the sense of responsibility, promote the active and proactive role of the leader in leading, directing and organizing the implementation; regularly review, urge, promptly detect and remove difficulties and problems arising from each project, especially key projects.

The City People's Committee will not consider emulation, commendation or recognition for the successful completion of tasks for the head, the investor, the groups and individuals involved in the failure to complete the public investment disbursement plan in 2021.

2. In 2021, the total public investment capital in Tan Tru district allocated to projects is nearly 250 billion VND. By October 20, the volume of implementation was nearly 160 billion VND, reaching 60.81 percent of the plan; disbursed value of more than 112 billion VND, reaching 45.36 percent of the plan.

In which, the province's capital managed more than 21 billion VND, the value of the implemented volume was more than 20 billion VND, reaching 94.36 percent of the plan; the disbursed value is nearly 19 billion VND, reaching nearly 90 percent of the plan. The district's managed capital is nearly 227 billion VND, the value of the implemented volume is nearly 131 billion VND, reaching 57.67 percent of the plan; the disbursed value is nearly 94 billion VND, reaching 41.33 percent of the plan.

In 2021, the total investment capital in Tan Tru district will be allocated to projects and works of nearly VND 250 billion VND

According to Vice Chairman of Tan Tru District People's Committee - Ngo Tan Tai, the disbursement rate in the district is still low. Some compensation works still face difficulties in negotiating the compensation unit price; there are works facing difficulties in site clearance; Some raw materials have high fluctuations in price (such as sand, stone, iron, etc.) affecting the appraised estimate value, exceeding the total investment and allocated capital.

In order to ensure the disbursement of public investment as planned, the District People's Committee focuses on urging the construction units to urgently speed up the implementation schedule, prepare payment documents, finalize the completed volume and timely disburse the project. The construction contractor follows the arranged capital plan, ensuring that by December 2021, at least 90 percent of the plan will be achieved and by the end of the 2021 budget year (end of January 31, 2022) 100 percent of the plan will be disbursed.

The district enhances the roles and responsibilities of the investors in the management of capital construction investment, in urging the consulting units and construction contractors to speed up the implementation progress; promptly remove difficulties and obstacles, speed up the disbursement progress according to the directing documents of the province; expeditiously carry out the final settlement of completed, accepted and put into use works for finalization.

Make detailed implementation plans for each works and project associated with specific implementation time. Then, promptly propose the competent authority to adjust the capital plan of the projects that are slow to be disbursed to other projects that need additional capital to increase the disbursement rate and effectively use the allocated capital.

The district set up an inspection team to regularly check and closely monitor the deployment and implementation of projects by investors, proactively solving difficulties and problems for investors. In case of exceeding their authority, they will propose a handling plan and report it to the District People's Committee for settlement.

3. Can Duoc district implements 92 works and projects in 2021. Provincial budget capital is nearly 27 billion VND to implement 9 projects (currently disbursing more than 24 billion VND, reaching 92 percent). Lottery capital for implementation of the National Target Program on new-style rural construction has allocated more than 10 billion VND to implement 15 projects (disbursed more than 7.2 billion VND, reaching nearly 70 percent of the plan). The district budget is in balance according to the Resolution of the District People's Council more than 188 billion VND to implement 68 projects (disbursed more than 135 billion VND, reaching 72 percent of the plan).

Can Duoc district develops a plan to strive that by the end of November 2021, the disbursement rate of public investment capital in the district will reach 100 percent

According to the Chairman of Can Duoc District People's Committee - Huynh Van Quang Hung, the locality focuses on leading, directing, operating and urging the disbursement of public investment capital, ensuring according to the assigned schedule. The works are implemented in accordance with the prescribed procedures, meet the requirements of the construction schedule, the works are completed and put into use, ensuring the quality, architecture and usability, meeting the socio-economic development goals.

The rate of online bidding in the district is 100 percent (the province's regulation is 70 percent). The district directs to develop a disbursement plan to ensure that the disbursement rate is over 50 percent of the assigned capital plan by June 2021, over 80 percent of that in September 2021, 90 percent that in October 2021, and 100 percent of that in November 2021.

To complete the plan, Can Duoc district focuses on some key solutions. In particular, localities require projects with completed volumes to quickly accept payment for each construction phase, not to accumulate payment documents at the end of the year.

The completed works are quickly prepared settlement documents so that the finalization of the works does not let the list last for many years. The People's Committees of communes develop plans to actively mobilize people to contribute and collect in full proportionately, so as not to let the people's contributed capital remain in debt for a long time.

In the situation affected by the Covid-19 epidemic, the investor has advanced the capital according to regulations to solve difficulties for contractors, contributing to promoting economic growth. The State Treasury will concentrate on paying the guaranteed investment capital according to regulations, not to accumulate payment dossiers. Communal People's Committees mobilize people to donate land for site clearance and mobilize capital contributions according to the prescribed rate in new-style rural construction.

The district reviews and adjusts the list between years in the medium-term roadmap while ensuring the urgent roadmap for new-style rural areas, standard schools, breakthrough projects, programs, urban development and traffic oriented the socio-economic development plan.

In addition, the locality regularly checks the implementation progress of the public investment plan in 2021 of the investors disbursing funds that have not reached the schedule, promptly solving difficulties and problems in the implementation process./. 

By Thanh My – Translated by Duc Tam

Source: https://baolongan.vn/tap-trung-giai-ngan-von-dau-tu-cong-a125247.html