An Giang: Disbursement of public investment capital reached nearly 26% of the plan

On July 25, the Economic - Budget Committee of the Provincial People's Council reviewed reports and draft resolutions submitted to the 2nd Session (Regular Session in mid-year 2025) of the Provincial People's Council.

Head of the Economic - Budget Committee of An Giang Provincial People's Council Ngo Hen spoke at the meeting.

The Economic - Budget Committee of the Provincial People's Council agreed with the content of the draft resolution on detailed allocation of the medium-term public investment plan for the 2021 - 2025 period from the central budget and local capital sources in the province; the draft resolution on adjusting and supplementing the detailed allocation of the 2025 public investment plan from the central budget and local capital sources in the province to be submitted to the Provincial People's Council Session for consideration.

As of June 30, the total disbursement value of the province was over VND 5,533 billion out of a total of VND 26,116 billion, reaching nearly 26% of the capital plan assigned by the Prime Minister and over 21% of the capital plan assigned by the Provincial People's Council. There were 543 projects with a disbursement rate of over 35%; 66 projects with a disbursement rate of 25% - 35% and 522 projects with a disbursement rate of under 25%.

Delegates attending the meeting.

The reason for the slow disbursement is that the site clearance work has not been completely handled; the investor has not coordinated well with the localities where the project is being implemented. Some key projects have just started construction with large capital but the implementation is still slow in the investment preparation stage.

In particular, there are projects where contractors are slow to implement, do not concentrate human resources and equipment for construction, although the investor has issued many reminders. The scarcity of raw materials (sand, construction stone) has significantly affected the construction progress, leading to low completed volume, so the acceptance and disbursement value is low, especially in transportation projects.

Meeting scene.

The Economic - Budget Committee of the An Giang Provincial People's Council recommends that the Provincial People's Committee thoroughly disseminate and strictly implement the directive documents of the Central Government and the province to proactively implement the public investment plan. At the same time, direct specialized departments to monitor and summarize the progress of projects, especially key projects, and promptly handle difficulties and problems according to their authority to avoid interruption in project implementation.

Urgently review projects assigned with public investment capital plans for 2025 but likely to not be fully disbursed, must submit or report immediately to the Department of Finance to synthesize and advise the Provincial People's Committee to adjust capital to ensure disbursement meets the plan.

News and photos: THU OANH

Source: https://baoangiang.com.vn/an-giang-giai-ngan-von-dau-tu-cong-dat-gan-26-ke-hoach-a425013.html