Cam Thuy accelerates the disbursement of public investment funds.

To ensure high disbursement rates for public investment funds, Cam Thuy district has recently focused on decisively directing the implementation of projects allocated capital in the 2024 plan.

The road construction in the Fish Stream Tourist Area of ​​Cam Luong commune is progressing rapidly by the contractor.

The project to expand and upgrade the road from National Highway 217 to Cam Phu commune (Cam Thuy district), with a total investment of over 17 billion VND, commenced in October 2023 and is scheduled for completion and commissioning in July 2024. Immediately after the project's commencement, the construction unit mobilized manpower, vehicles, and machinery to accelerate progress and ensure the quality of the work. To date, the project has achieved approximately 75% completion, and the Cam Thuy District Investment and Construction Project Management Board has paid the construction unit 70% of the allocated capital. Based on the current construction progress and disbursement schedule, the project is expected to be completed and put into use on schedule as stipulated in the signed construction contract.

In 2024, Cam Thuy district was allocated over 108.5 billion VND in public investment capital managed by the province. Of this amount, 8.8 billion VND from 2023 funds carried over to 2024 for disbursement. To achieve high results in the disbursement of public investment capital, from the beginning of the year, the District People's Committee issued directives to specialized agencies to focus on planning, project development, survey and design, and bidding processes, ensuring transparency and openness. Effective administrative reform was implemented to create favorable conditions for projects to be implemented according to plan. At monthly meetings, the District People's Committee requested units and project owners to report on the progress of projects, as well as any difficulties and obstacles encountered, in order to find timely solutions.

In 2024, the Cam Thuy District Investment and Construction Project Management Board was assigned by the District People's Committee to manage 29 construction projects. To accelerate the disbursement of public investment capital, the District Investment and Construction Project Management Board directed construction units to mobilize manpower, machinery, and equipment to speed up progress and ensure the quality of the projects. They proceeded to prepare documents and payment vouchers for completed work and disburse funds promptly for projects that met the payment criteria. They coordinated with the land clearance council, relevant units, and the People's Committees of communes and towns to promote compensation and land clearance, creating "clean" land for handover to construction units.

According to a report from the People's Committee of Cam Thuy District, the district has so far disbursed 43 billion VND of public investment capital managed by the province, reaching a rate of over 40.5%. Of this, projects that have completed their disbursement plans have achieved 100% of their allocated capital, ensuring the disbursement progress meets the requirements of Directive No. 01/CT-UBND dated January 26, 2024.

Despite the achievements, the disbursement of public investment capital in Cam Thuy district still faces difficulties and obstacles. The main reasons are that some projects depend on construction and land use planning, leading to legal procedures that slow down project implementation. The public investment capital allocated to some projects in 2024 is still low compared to the implementation schedule, affecting the operational capacity of businesses. The sluggish real estate market in recent times has affected the local budget revenue, making it difficult to allocate district budget funds to match the needs of some key projects.

According to Pham Dac Dung, Head of the Finance and Planning Department of Cam Thuy District: With the determination to disburse public investment capital on schedule and with quality, the Cam Thuy District People's Committee is continuing to promote propaganda and mobilization efforts to raise public awareness of compensation and support policies for land clearance projects, ensuring transparency and public consensus. The district has established three working groups to regularly inspect, supervise, and promptly resolve difficulties and obstacles in the implementation of projects; guide the People's Committees of communes and towns to accelerate the disbursement of public investment capital managed at the commune level; and reduce the time for appraisal and approval of project implementation steps by 50%. The district is also strengthening inspections and urging investors to expedite the final settlement of investment capital for completed projects that have been handed over and put into use, maximizing their effectiveness. We are determined to strictly penalize contractors who violate project deadlines, quality standards, or fail to submit payment documents for completed work and other terms of signed contracts.

Text and photos: Xuan Cuong

Source: https://baothanhhoa.vn/cam-thuy-day-nhanh-giai-ngan-von-dau-tu-cong-213900.htm