In 9 months, Hai Phong disbursed public investment capital of more than 24,379 billion VND.

In 2025, Hai Phong city after the merger will implement over 3,000 public investment projects. The total capital plan assigned by the Prime Minister is 35,893 billion VND and the city assigned 39,298 billion VND.

In the first 9 months, Hai Phong disbursed an estimated amount of more than VND 24,379 billion, equal to 68% of the capital plan assigned by the Prime Minister , equal to 61% of the capital plan assigned by the city, higher than the same period last year and higher than the disbursement scenario (an increase of VND 710.5 billion in absolute number and an increase of 7.6 percentage points in disbursement rate).

Investment project to build Ring Road 2, Tan Vu - Hung Dao - Bui Vien section in Kien An ward, Hai Phong city. Photo: Quynh Nga

To achieve the target of 100% public investment disbursement in 2025 according to the scenario, immediately after the merger, Hai Phong will continue to review and complete post-merger tasks, ensuring the effective operation of the 2-level government model, contributing to promoting project implementation and disbursement of public investment capital.

The city strictly implements the reduction of 50% of the time for handling administrative procedures in construction investment according to the Government 's regulations, contributing to speeding up project progress and public investment disbursement. Focus on leadership and direction to speed up the implementation progress and site clearance progress of projects, especially key projects.

Despite drastic leadership, direction and management, the disbursement rate of public investment capital of some units in the city is still slow compared to the plan and lower than the average level of the whole city.

According to the People's Committee of Hai Phong City, the reason is the scarcity of raw materials (soil, sand, etc.); the price of raw materials has fluctuated compared to the time of bidding, causing many projects to stop or reduce progress. Site clearance is still slow because the counting, determining the origin of land, implementing resettlement, etc. takes a lot of time and has not received the consensus of the people. Some projects have had to adjust their investment policies and designs, leading to a delay in implementation.

Investment project to build, renovate and embellish the relic complex of K15 Wharf - Unnumbered Wharf in Do Son ward, Hai Phong. Photo: Quynh Nga

At the regular meeting to assess the implementation of socio-economic development tasks recently, Mr. Le Ngoc Chau, Chairman of Hai Phong City People's Committee, requested all levels and sectors to closely follow the direction of the Central Government, City Party Committee, People's Council, and City People's Committee; closely monitor and seriously complete the assigned tasks in the socio-economic growth scenario; public investment disbursement scenario; strive to disburse over 100% of the capital plan assigned by the Prime Minister.

Regarding specific tasks, the Hai Phong Department of Finance is assigned to regularly monitor and urge the progress of public investment disbursement every month. Continue to review and propose solutions to completely resolve backlogged projects, stop construction, and put them into use to contribute to preventing waste and loss.

Regarding the disbursement of public investment capital, the Chairman of the Hai Phong City People's Committee emphasized that by the end of the year, if agencies and units do not complete the disbursement of public investment capital according to the assigned plan, the Heads of relevant agencies and units must be responsible before the City People's Committee and the Chairman of the City People's Committee.

Source: https://baodautu.vn/9-thang-hai-phong-giai-ngan-von-dau-tu-cong-dat-hon-24379-ty-dong-d400340.html