State Treasury Region V contributes to speeding up the disbursement of public investment capital

Infrastructure renovation of Cam Dong - Cam Doai area (Cam Giang) after handing over the construction site for Dai An industrial park expansion

Positive results

By the end of April 2025, the disbursement of Hai Duong province's budget investment capital through the State Treasury of Region V was VND 2,495 billion, reaching 23.9% of the assigned capital plan. Hai Duong is currently a province with a fairly good rate of public investment disbursement in the region and higher than the national average. The province's annual target is to disburse 99.7% of the assigned capital plan.

Many localities in the province achieved and exceeded the progress of the scenario of disbursing public investment capital in the first 4 months of the year such as Hai Duong city, Kinh Mon town, Nam Sach, Binh Giang, Thanh Mien districts...

Binh Giang district is focusing on completing the project to upgrade provincial road 395 passing through the district.

Right from the beginning of the year, Binh Giang district focused on completing investment in key works and projects such as the construction of a 7.2 km section of Provincial Road 395, the approach road to Cay Bridge, etc. In 2024, Binh Giang district completed the payment of more than 437 billion VND, reaching 99.7% of the assigned public investment capital plan. However, in just the first 4 months of the year, the locality completed the payment of nearly 154 billion VND, reaching 66.7% of the plan for the whole year.

Some key projects and works in the province are currently progressing well. Typically, the basic payment for the investment volume of the Dong Viet bridge connecting Hai Duong with Bac Giang province, the amount of 132.5 billion VND, reaching nearly 99.85% of the capital plan, has been completed. Tan An bridge connecting Chi Linh city with Nam Sach district, Van bridge connecting Chi Linh city with Kinh Mon town... are being focused on completing site clearance for construction.

According to Mr. Le Anh Tuan, Deputy Director of the Hai Duong Province Construction Investment Project Management Board, the positive disbursement results are due to the effective cooperation and active support from the V Region Treasury.

Completing drainage channel and corridor of road 395

“The State Treasury of Region V has directed its functional departments and affiliated transaction offices to coordinate with investors and financial agencies at the same level in entering and approving capital plans into the budget and treasury management information system according to regulations, as a basis for implementing and controlling payment of investment projects, ensuring timeliness and compliance with regulations,” said Mr. Nguyen Manh Cuong, Deputy Director of the State Treasury of Region V.

"Sprint" phase of medium-term public investment 2021 - 2025

2025 is the final year of the 2021-2025 medium-term public investment period. Disbursing all capital this year as well as previous years will help develop the economies of all three provinces of Hai Duong, Bac Ninh and Thai Binh.

With the amount of public investment capital allocated and increased, along with the previous years, the pressure on controlling expenditures of the State Treasury of Region V this year is very large. To perform the task well, the State Treasury of Region V has requested its subordinate units to receive the correct components and quantity of documents according to regulations and enthusiastically guide units and investors.

An Nghiep sluice, a key irrigation project in Thanh Mien district, is preparing to be put into use.

“We always strive to do our best in performing our duties, especially not asking customers to supplement or complete their documents more than once, not harassing or causing trouble, or affecting the disbursement progress of projects,” said Mr. Mai Van Quan, Head of Transaction Office No. 2, the unit that controls and pays capital in the two districts of Binh Giang and Thanh Mien.

More than 700 m of drainage canal next to provincial road 392B has just been upgraded and combined with urban traffic improvement in the southern area of ​​Thanh Mien town.

The State Treasury of Region V has organized a specialized force to closely monitor the disbursement progress of works and projects. The affiliated units closely coordinate with investors and project management boards to promote electronic transactions through the State Treasury's online public service system; promptly make payments as soon as the project volume is completed.

The subordinate departments strictly comply with the regulations on documents, payment control and are determined to strive to resolve documents earlier than the deadline prescribed in Decree No. 99/2021/ND-CP dated November 11, 2021 of the Government on management, payment and settlement of projects using public investment capital.

The transaction offices and professional offices of the State Treasury in Region V coordinate to advise and remove obstacles in related documents and papers during the process of site clearance for construction of works and projects.

Mr. Le Gia Huu, Head of Operation Department No. 5, the unit controlling and paying capital in Chi Linh City, said: “In the process of controlling the payment of public investment capital, we promptly grasp and handle problems arising in the process of disbursing capital for each bid package and project according to our authority. For problems beyond our authority, we must promptly synthesize and propose solutions to competent authorities for consideration and resolution.”

The efforts of the State Treasury of Region V will contribute to actively supporting the disbursement of public investment capital in Hai Duong and the whole region. This is an important basis for Hai Duong to ensure the proposed socio-economic growth targets and scenarios.

JACKIE CHAN

Source: https://baohaiduong.vn/kho-bac-nha-nuoc-khu-vuc-v-gop-phan-day-nhanh-tien-do-giai-ngan-von-dau-tu-cong-412314.html