Supervise the management and use of investment capital for transport projects.

1(1).jpg — Vice Chairman of the Provincial People's Council Tran Xuan Vinh chaired the meeting.

Monitoring and evaluation session on the management of investment projects using official development assistance (ODA) capital, preferential loans from foreign donors and the settlement of public investment projects, period 2020 - 2023, invested by the Project Management Board for Investment and Construction of Transport Works.

In the period of 2020 - 2023, the Provincial Traffic Construction Investment Project Management Board was assigned to be the investor, implementing 7 projects using preferential loans. Of which, 2 projects have been completed, 1 project will be completed in 2024, 3 projects are being implemented and 1 project has not signed a loan agreement.

In addition, during this period, the investor has completed the final settlement documents for 8 projects, including: 3 projects approved for final settlement and final payment; 1 project approved for final settlement, but not yet final payment; 2 projects not yet approved for final settlement and 2 projects completed, but not yet prepared and submitted final settlement documents.

2(1).jpg — Mr. Nguyen Thanh Tam - Director of the Traffic Construction Investment Project Management Board explained the problems in management, use of ODA capital and project settlement.

According to Mr. Nguyen Thanh Tam - Director of the Traffic Construction Investment Project Management Board, although the site clearance work in most projects is slow, prolonging the implementation time, some projects have to stop the technical work of some items; but the completed projects, put into use with good results, contributing to the local economic and social development and achieving the project's goals. The projects being implemented are about to be completed, contributing to the completion of urban infrastructure, inter-regional traffic connection, creating a breakthrough in the economic and social development of Quang Nam .

The Provincial Traffic Construction Investment Project Management Board recommends that localities proactively and promptly complete compensation and site clearance work, prioritize land funds for resettlement arrangements or promptly propose investment in resettlement areas serving the project. Strengthen land management, current status of project areas, and delimit mineral exploitation areas (soil, rock, sand, gravel, etc.) to serve the needs of local projects...

Through the opinions of the members of the Supervisory Delegation, Vice Chairman of the Provincial People's Council Tran Xuan Vinh highly appreciated the efforts of the investor in implementing the investment projects. The investor's recommendations will be compiled, studied and considered in the coming time. However, in the face of difficulties and obstacles, the investor needs to plan and implement specific solutions to accelerate the investment progress of ODA projects and coordinate with relevant departments, branches and localities in completing the settlement of completed projects.

The monitoring team requested investors to have more assessments, analysis and experience in implementing ODA projects and other investment projects, especially to minimize capital cuts or technical suspension of investment projects. It is necessary to synthesize, review and report specifically on the payment of capital, interest, fees, and coordinate with other investors to complete the settlement of investment projects that are delayed and prolonged.

Vice Chairman of the Provincial People's Council Tran Xuan Vinh also requested that investors proactively coordinate with relevant departments and branches to transfer or supplement capital for investment projects. If beyond authority, they should report to the Provincial People's Committee, the Standing Committee of the Provincial People's Council, and the Standing Committee of the Provincial Party Committee for consideration and decision.

Source