More than 400,000 billion VND of public investment capital is still waiting for disbursement.

After more than 10 months, the whole country has disbursed more than 464,000 billion VND in public investment capital, reaching 51.7% of the plan, meaning more than 400,000 billion VND is still "waiting" to be cleared.

This year, the total public investment plan from the State budget assigned by the Prime Minister is 899,180 billion VND. Including the local budget balance, the total public investment plan is about more than 1 million billion VND.

The Ministry of Finance 's report said that as of October 23, the actual disbursed public investment capital reached VND464,828 billion, equivalent to 51.7% of the plan. Thus, more than VND400,000 billion of public investment capital is still waiting to be cleared.

Disbursement progress is still slow compared to requirements, in which 29 ministries, central agencies and 16 localities have disbursement rates lower than the national average.

According to the Ministry of Finance, the slow progress of public investment disbursement in 2025 is due to both subjective and objective reasons, of which site clearance remains the biggest obstacle in many localities. Determining compensation land prices is complicated, the negotiation process is prolonged, leading to slow site handover.

Meanwhile, many localities after the merger have not yet completed their apparatus, lack specialized project management boards, and have been slow in transferring documents. The handover of documents and transfer of investor responsibilities is still slow. Or the existence of many different land price lists in a locality after the merger also causes difficulties in determining compensation plans.

Another reason is that the public investment mechanism and policies are still inadequate, many regulations have not been guided in a timely manner. The implementation capacity of investors, management boards and contractors is still limited, and the fear of making mistakes is still widespread.

ODA projects face many difficulties in the process of negotiation, signing and international payment. The time for approving loan agreements lasts from 12 to 18 months due to compliance with the lender's regulations, while some projects have to be suspended due to changes in funding sources. Adverse weather conditions have also caused many key projects to be interrupted.

The Government aims to disburse 100% of the public investment plan in 2025, aiming for economic growth of 8.3-8.5%. To complete this, the Ministry of Finance believes that agencies need to seriously and effectively implement the Government and Prime Minister's instructions on promoting public investment disbursement. The head must directly direct, supervise and be responsible for the progress.

Along with that, ministries and localities need to regularly review and evaluate the disbursement situation of each project, develop specific plans for each week, and proactively transfer internal capital from slow-moving projects to projects with good progress. They also need to complete payment records as soon as the workload is accepted, avoiding concentrating the disbursement volume at the end of the period.

Localities implementing the two-tier government model need to promptly complete the organization of the new administrative apparatus, ensuring the adequate arrangement of staff with appropriate professional capacity, especially in site clearance and project management. At the same time, ministries and branches continue to review and synthesize problems to propose timely solutions.

According to VnE

Source: https://baohaiphong.vn/hon-400-000-ty-dong-von-dau-tu-cong-van-cho-giai-ngan-526178.html