Hanoi: Progress in disbursing public investment funds continues to improve.

Disbursement of public investment capital in Hanoi achieved positive results in the first 11 months, making a significant contribution to promoting growth, improving infrastructure quality, and creating more room for economic recovery. Many key projects have been accelerated, ensuring the disbursement target for the whole year is met.

Hanoi is accelerating the progress of projects to ensure the disbursement of public investment funds. (Photo: nhandan.vn)

Hanoi's state budget investment in the first 11 months of 2025 reached VND 79,700 billion, a 27.6% increase compared to the same period last year. This increase reflects the determination to accelerate the progress of key projects and demonstrates the leading role of public investment in economic growth. In the context of a cautious period for private and FDI flows due to the volatile international economic environment, public investment continues to be a crucial "driving force" maintaining the capital's growth momentum.

Rapid disbursement is necessary, but disbursement that is accurate, targeted, and effective is the decisive factor. Hanoi is currently implementing a series of infrastructure projects, urban renovation, environmental treatment, schools, healthcare , and public welfare projects. Each project not only has a short-term impact but also affects the quality of life and competitiveness of the city for decades to come.

The biggest challenge in public investment today is managing progress and quality. Delays in land clearance, frequent design changes, procedural obstacles, and a lack of synchronization in connecting infrastructure cause many projects to be prolonged, increasing costs and reducing investment efficiency. In addition, some large-scale strategic projects still require lengthy preparation times, delaying the realization of socio-economic benefits.

Hanoi needs to continue reviewing each project, classifying them into urgent categories, those that can be completed quickly, and those requiring adjustments. This classification helps optimize budget allocation, avoids fragmentation, and facilitates the concentration of resources on projects that can generate immediate development momentum. Key projects such as urban ring roads, major traffic junctions, train stations, waste and wastewater treatment systems, and digital infrastructure need to be closely monitored to ensure investment efficiency.

Furthermore, the city needs to strengthen the application of technology in public investment management. Digitizing the entire process from documentation, bidding, construction to acceptance will contribute to the transparency of capital flows, reduce negative risks, and enhance community oversight. A modern public investment system must be based on transparent data, clear processes, and high accountability.

Public investment also needs to be closely linked to sustainable development goals. New infrastructure projects must meet environmental standards, save energy, and aim for green and smart cities.

This is not only an inevitable trend but also helps Hanoi save on operating costs, improve the quality of life, and increase its competitiveness in attracting high-quality private investment and FDI.

HOANG DUONG

Source: https://nhandan.vn/ha-noi-tien-do-giai-ngan-dau-tu-cong-tiep-tuc-cai-thien-post929375.html