According to the report of the Department of Finance, the total public investment capital plan for 2025 assigned by the Prime Minister to the province is nearly 13,840 billion VND. The total local capital source determined to date is more than 36,730 billion VND, of which more than 27,180 billion VND has been allocated, reaching 74% of the total source.
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| Mr. Nguyen Van Tho, Chairman of the Provincial People's Committee chaired the meeting. |
By the end of May 31, the total disbursed capital was over VND6,280 billion, reaching 23.12% of the allocated capital plan, higher than the national average (22.2%). Of which, the central budget disbursed nearly VND544 billion, reaching 15.27% of the plan. The provincial budget disbursed more than VND4,030 billion, reaching 21.7%.
Currently, there is still more than VND 9,550 billion unallocated, because the projects have not completed investment procedures. Of which, nearly VND 6,560 billion has been agreed to be allocated by the Provincial People's Council, and will be allocated after completing investment procedures. In addition, more than VND 2,990 billion is expected to be submitted to competent authorities for consideration after meeting the conditions prescribed in the Law on Public Investment.
In the coming time, the Provincial People's Committee, departments and branches will continue to implement solutions to accelerate the disbursement progress and effectively use public investment capital such as: preparing and submitting for approval investment policies for projects with planned medium-term capital allocation, ensuring conditions for capital allocation according to regulations; reviewing and promptly proposing capital adjustment from slow-disbursement projects to high-disbursement projects.
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| Mr. Nguyen Phuc Hoang, Chairman of Vung Tau City People's Committee reported on the progress of disbursement of local public investment capital. |
Regarding compensation and site clearance, districts and cities resolutely handle difficulties, focusing on key projects and the list of 42 projects whose deadlines have been extended by the Provincial People's Council. At the same time, investors must speed up construction progress, acceptance, and payment of completed volumes. In addition, relevant agencies urgently implement the transitional guidance on public investment management during the process of arranging and perfecting the organization of the two-level local government apparatus.
After reviewing progress, resolving difficulties and recommendations from investors, especially investors with low disbursement rates, Mr. Nguyen Van Tho, Chairman of the Provincial People's Committee, emphasized that Party committees and leaders must uphold their responsibilities, directly direct, inspect and urge the disbursement of public investment capital.
Departments, branches, localities, and investors must commit to specific disbursement progress and take responsibility if they fail to complete their assigned tasks. “Investors and related units are determined every day, including holidays, to complete procedures, documents, and construction progress on site,” emphasized Chairman of the Provincial People's Committee Nguyen Van Tho.
News and photos: QUANG VINH
Source: https://baobariavungtau.com.vn/kinh-te/202506/den-ngay-315-da-giai-ngan-hon-2312-von-dau-tu-cong-1044713/
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