Can Tho will have a form of handling the heads of units that are slow to disburse public investment capital.

Can Tho will review responsibilities and take appropriate disciplinary action against the heads of the investor/project owners, project managers and relevant units regarding the delay in implementation and disbursement progress.

According to data from the State Treasury of Can Tho City, as of February 21, 2024, the disbursement results of the plan for public investment capital sources were 1,312.83/7,985.889 billion VND, reaching 16.4% of the capital plan assigned in detail by the City People's Council.

Of which, the city level disbursed 1,040,186/5,103,268 billion VND, reaching 20.4% of the plan; the district level disbursed 272,644/2,882,621 billion VND, reaching 9.5% of the plan.

Detailed disbursement results of some capital sources: Lottery source reached 11.6% of the plan, land use source reached 5%, local budget balance source reached 9.6%...

Technical opening of Tran Hoang Na bridge (crossing Can Tho river, connecting Ninh Kieu district and Cai Rang district) on December 30, 2023

Previously, on February 5, 2024, Chairman of Can Tho City People's Committee Tran Viet Truong signed and issued Official Dispatch No. 486/UBND-XDDT to Directors of city departments, agencies, branches and sectors; Director of City Treasury, Secretary, Chairman of People's Council and Chairman of People's Committee of districts and towns on striving and concentrating resources to speed up the implementation and disbursement of the 2024 public investment plan.

According to the above Official Dispatch, in order to continue promoting positive aspects and rectify existing and limited aspects, promptly resolve difficulties and bottlenecks in investment in the past time, speed up the implementation and disbursement progress of the 2024 public investment plan, the Chairman of the People's Committee of Can Tho City requested the Directors of Departments, Heads of agencies, branches and sectors of the city, Secretaries of Districts, Chairmen of People's Councils, Chairmen of People's Committees of Districts to urgently direct the synchronous, drastic and effective implementation of key tasks and solutions.

Specifically, organize a review and immediately complete the project preparation work and contractor selection work in accordance with legal regulations, and promptly start construction of the project/package. Conduct online bidding according to the prescribed roadmap, ensuring publicity and transparency, and selecting qualified contractors.

Strengthen coordination and have specific plans and measures to remove difficulties and obstacles, speed up construction progress; urgently complete documents, carry out procedures for payment of investment capital for the project as soon as the completed volume is accepted according to regulations, do not let payment accumulate at the end of the year. By the end of January 31, 2025, strive to complete the disbursement target of over 95% of the capital plan allocated for 2024 (of which, by April 30, disbursement will reach 10% -15% of the plan; by June 30, disbursement will reach 25% -35% of the plan; by September 30, disbursement will reach 60% -70% of the plan; by December 31, disbursement will reach 80% -90% of the plan; by January 31, 2025, disbursement will reach 95% of the assigned capital plan).

Investors/project owners, project management units, People's Committees of districts, based on the assigned disbursement rate, have a written commitment to the disbursement rate, develop a detailed disbursement plan and targets for each month and send it to the Department of Planning and Investment for synthesis and reporting to the City People's Committee. The implementation time is to be completed before February 25, 2024.

The Chairman of the People's Committee of Can Tho City directed that by September 30, 2024, for projects/works with a disbursement rate of less than 60% of the assigned public investment capital plan for 2024, the investor/project owner, project management unit shall be responsible for reporting, explaining and proposing specific solutions, sending them to the Department of Planning and Investment for synthesis, proposing the City People's Committee to reduce the amount of capital that has not been fully disbursed to transfer and supplement payments for projects/works that have completed volume and have good disbursement. At the same time, the responsibility will be reviewed and appropriate handling will be taken against the heads of the investor/project owner, project management unit and related units for slow progress in implementation and disbursement.

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