Civil Engineering Management Board: Determined to achieve 95% disbursement of public investment funds.

Recognizing that public investment disbursement is a crucial driver of economic growth, the Provincial Civil Engineering Management Board is focusing on implementing solutions with the goal of ensuring that cumulative disbursement for 2024 reaches over 95% by the last month of the year.

The Dam Nha Mac interchange is currently being constructed at a rapid pace by contractors, who are determined to complete it by the end of this year.

The 2024 public investment plan of the Provincial Project Management Board for Civil and Industrial Construction Projects (Civil Works Management Board) was 1,024 billion VND, adjusted to 1,263 billion VND, to implement nearly 20 projects, including both new and ongoing investments. Among these are many key projects, such as: the access road to Ben Rung Bridge; the riverside road section from Dam Nha Mac intersection to Provincial Road 338; the road connecting the Ha Long - Hai Phong Expressway (km6+700) to Provincial Road 338; the complete construction of the Dam Nha Mac intersection; the headquarters of the Provincial Communication Center... These are all key projects of the province, significant in connecting regions, promoting socio-economic development in the area, and attracting investment.

To ensure the disbursement targets were met, the Board prepared meticulously from the beginning of the year, developing disbursement plans for each specific project linked to the overall goals for the entire year. However, 2024 presented many difficulties, especially in the implementation of projects when several laws, particularly the Land Law, came into effect. The implementation of guiding decrees was slow and inconsistent, forcing many localities to wait for guidance and regulations on land use conversion, compensation, support, and resettlement before implementation, resulting in a shortage of available land for construction. Furthermore, road projects were still in the process of foundation construction, mainly in areas with complex terrain and weak foundations, requiring large amounts of soil and sand for embankment, while the supply of materials could not keep up. Another factor is the lack of synchronized and coordinated approval and bidding mechanisms, as well as operational methods between relevant agencies and investors, which slows down investment preparation and consequently delays disbursement.

In this context, recognizing public investment as a resource and driving force for economic growth, the Civil Engineering Management Board has set a target of disbursing over 95% of public investment capital in 2024, in accordance with the spirit of Prime Minister 's Directives No. 104/CĐ-TTg (dated October 8, 2024) and No. 115/CĐ-TTg (dated November 7, 2024) on urging and accelerating public investment disbursement.

Construction of the Provincial Media Center headquarters is underway and is expected to be completed in the second quarter of 2025.

Taking advantage of favorable weather conditions in the last months of the year, the Civil Engineering Management Board has reviewed and compiled difficulties and obstacles, promoting the role and responsibility of the disbursement steering committee to promptly address bottlenecks; reallocating capital plans between projects with slow disbursement to projects with high disbursement potential and additional capital needs; reporting to the Provincial People's Committee, and coordinating closely with relevant units and localities to promptly resolve land and resource-related issues to ensure projects are implemented quickly, efficiently, and in accordance with the law.

Simultaneously, strengthen inspections, audits, supervision, and post-audits, and strictly handle violations; tightly control advance payments and final settlements of funds; recover all overdue advance payments, and focus on completing payment documents according to regulations. The Board requests that investors and contractors take advantage of favorable weather conditions, improve construction capacity in terms of both equipment and personnel, ensure the progress, volume, and quality of projects, and accelerate the implementation of projects...; resolutely reject weak contractors who do not meet the required capabilities. At the same time, implement a rotation system, assigning capable, qualified, experienced, and legally knowledgeable personnel to undertake the roles of monitoring, managing, and supervising projects…

By November 15, 2024, the Civil Engineering Management Board had disbursed over 760 billion VND, equivalent to 74.4% of the initial allocation plan and 60.3% of the adjusted supplementary plan. This rate is higher than the national and provincial averages, making it one of the units with the highest disbursement rates in the province.

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