What solutions can improve the disbursement rate of public investment capital in Bac Lieu?

Bac Lieu province has implemented many solutions to increase the disbursement rate of public investment capital to reach 95% of the plan in 2024.

On December 10, the 21st Session (Regular Session at the end of 2024), the People's Council of Bac Lieu province, term X, term 2021-2026, held a question and answer session.

Mr. Huynh Cong Quan, Director of the Department of Planning and Investment of Bac Lieu province, answered questions from delegates regarding the disbursement of public investment capital in the province.

According to the report of the People's Committee of Bac Lieu province, by November 30, 2024, the disbursement rate of public investment capital reached 54.59%, the province strives to reach 95% by the end of the year.

Responding to the question of delegate Nguyen Hoang Thoai, Chairman of the Farmers' Association of Bac Lieu province, about solutions to achieve a disbursement rate of 95% in the last month of 2024, Mr. Huynh Cong Quan, Director of the Department of Planning and Investment, said that recently, the Provincial Party Committee and the Provincial People's Committee have paid great attention to directing this issue.

"The province has decided to establish a team to resolve difficulties in directing the disbursement of public investment capital, headed by the Standing Vice Chairman of the Provincial People's Committee," Mr. Quan informed.

According to the director of the Department of Planning and Investment of Bac Lieu province, after reviewing the list, works and projects with low disbursement rates are due to limited investment preparation, slow site clearance, and many projects having to extend construction progress.

In addition, there are projects that must comply with the provisions of the Law on Public Investment on changes in scale, time for deciding on investment policies... which affects the disbursement rate.

Regarding the solution to accelerate the disbursement rate of public investment capital, Mr. Quan said that currently, the Provincial People's Committee has directed investors to review works and projects that are facing difficulties in order to request capital transfer, in order to promote the disbursement rate.

Along with that, coordinate with localities to effectively carry out site clearance for major key projects of the province such as the construction of DT.980 road, for projects that have investment policy decisions, speed up project approval to have sufficient basis for disbursement, including projects that have arranged medium-term public investment capital and arranged investment preparation capital.

"However, up to now, investment procedures for some projects have not been completed, such as: the Inner Ring Road, the Outer Ring Road, the construction of the Bac Lieu City People's Committee headquarters, the Trem Trem - Xeo Quao road; the embankment along National Highway 1...

Basically, investors are completing investment procedures to disburse projects in 2024. Investors, Project Management Boards, and District People's Committees ensure the disbursement rate as committed," Mr. Quan added.

Source: https://www.baogiaothong.vn/giai-phap-nao-nang-cao-ty-le-giai-ngan-von-dau-tu-cong-o-bac-lieu-192241210130119291.htm