Lao Cai speeds up disbursement of public investment capital at regional construction investment project management boards.

On the afternoon of November 6, comrade Nguyen The Phuoc - Standing Vice Chairman of Lao Cai Provincial People's Committee chaired a working session with the Construction Investment Project Management Boards (PMUs) of Tran Yen, Yen Binh and Nghia Lo areas, to assess the progress of implementation and disbursement results of the public investment capital plan for 2025.

Attending the meeting were leaders of the Departments of Finance, Construction, Agriculture and Environment, representatives of the Provincial People's Committee Office and regional Project Management Boards.

Working scene.

At the working session, the Construction Investment Project Management Boards reported on the results of implementing the public investment capital plan for 2025.

Leaders of Nghia Lo area project management board report on progress of implementation and disbursement of projects.

According to the Nghia Lo Area Project Management Board, the unit is managing 285 projects with a total investment of more than VND 2,532 billion, of which the capital plan for 2025 is more than VND 1,000 billion.

By the end of October, the disbursement value reached VND445,987 billion (46% of the plan). Some capital sources had high disbursement rates such as the National Target Program reaching 52% and ODA capital reaching 87%.

Projects are basically on schedule, but still face difficulties in compensation, site clearance, route adjustment and land price determination, especially in areas with complex terrain and difficult construction conditions.

Leaders of Yen Binh Regional Project Management Board reported on the implementation and disbursement of public investment capital in 2025.

Yen Binh Project Management Board is currently managing 173 projects with a total investment of more than 1,660 billion VND. The total capital plan assigned in 2025 is 703 billion VND, of which 370 billion VND has been disbursed so far (52.6% of the capital plan). Many projects are being focused on construction, many items have completed 80 - 99% of the volume. However, there are still some projects behind schedule due to capital plan adjustments and limitations in contractor construction capacity.

The Tran Yen Project Management Board is managing 266 projects, including 63 projects using central and provincial budget funds, and 203 projects using provincial budget funds. The total capital plan assigned in 2025 is 1,393.1 billion VND, of which 718.3 billion VND has been disbursed to date, reaching 52% of the plan.

According to the unit, compensation and site clearance are still the biggest bottlenecks affecting construction progress and disbursement. Many projects pass through residential areas, agricultural land, and production forests, leading to difficulties in determining the origin of the land and compensation plans. Some households have not agreed with the support policy, while the resettlement land fund in some communes is still limited, causing delays in handing over the site to contractors.

Representatives of the project management boards proposed that the Provincial People's Committee consider adjusting the capital plan, supplementing resources and removing procedural obstacles to ensure investment progress and efficiency.

Comrade Nguyen The Phuoc - Permanent Vice Chairman of the Provincial People's Committee concluded the working session.

Concluding the working session, comrade Nguyen The Phuoc - Standing Vice Chairman of the Provincial People's Committee assessed that the progress of disbursement of public investment capital of the Project Management Boards in Tran Yen, Yen Binh, and Nghia Lo areas is still slow, in which site clearance is a weak link, directly affecting the project progress.

The Standing Vice Chairman of the Provincial People's Committee requested investors to closely coordinate with local authorities to completely resolve problems related to site clearance, and at the same time direct contractors to mobilize human resources, machinery and equipment to speed up construction progress. Project management boards need to regularly inspect the site, monitor progress, ensure completion of projects according to investment decisions and disburse 100% of the capital plan for 2025.

Source: https://baolaocai.vn/lao-cai-day-nhanh-tien-do-giai-ngan-von-dau-tu-cong-tai-cac-ban-quan-ly-du-an-dau-tu-xay-dung-khu-vuc-post886183.html