Improve efficiency in management and use of capital and public assets

Over the years, the management of public capital and assets in Quang Ninh province has been given priority by all levels and sectors, resulting in both operational efficiency and ensuring safety and cost savings.

The province has issued numerous documents to rectify shortcomings and strengthen the responsibilities of provincial units, identifying the disbursement of public investment capital, coupled with effective management and utilization of funds and improved project quality, as a key political task requiring focused guidance and weekly/monthly/quarterly evaluation of implementation effectiveness. Simultaneously, emphasis is placed on reorganizing and managing land and properties under the province's jurisdiction, assigning specific and detailed tasks to relevant agencies, units, and localities.

The Ben Rung Bridge, the third road connecting Quang Ninh and Hai Phong, was opened to traffic on July 17, 2024. Photo: Quang Manh

With public investment capital, Quang Ninh particularly emphasizes the responsibility of setting an example, promoting the role of leaders and the sense of responsibility of each individual; at the same time, specifying and individualizing the responsibilities of collectives and individuals in each stage of the work process; improving the effectiveness of leadership and direction, strengthening management, operation, inspection and supervision, and strictly complying with regulations in investment management and capital settlement...

In early 2024, the province established a Task Force to accelerate the implementation of key programs and projects using provincial budget funds and disburse public investment capital plan for 2024; and established a Task Force to direct and resolve difficulties in the implementation of land clearance for key projects in Quang Yen town.

In addition, Quang Ninh is focusing on implementing decisive, comprehensive, and holistic measures across all sectors to address outstanding issues and obstacles in the implementation of the public investment plan, while improving the quality of projects and the efficiency of resource utilization, in order to achieve the disbursement targets assigned by competent authorities.

The Quang Ninh CDC received funding from the medium-term public investment plan for 2021-2025. Photo: Manh Truong

The work of settling accounts, recovering advances, and managing investment projects has been gradually improved. A total of 565 out of 656 completed projects in the province have had their accounts approved for settlement in 2023. Investment preparation work has been largely resolved. In 2024, 100% of the provincial budget plan has been allocated in detail from the beginning of the year. The total public investment expenditure plan for 2024, as of August 31st, is VND 16,049 billion. Disbursed capital as of August 31st, 2024, is VND 3,830 billion, reaching 28.1% of the capital plan assigned by the Provincial People's Council at the beginning of the year.

The use of budget funds shows that the total budget allocated for development investment is increasingly accounting for a higher proportion of the total local budget expenditure, and the disbursement rate is improving. In 2021, the province's disbursement rate reached 94%; in 2022 and 2023, this rate reached 93%. In addition, Quang Ninh has also allocated resources to fundamentally improve the infrastructure system, including transportation, economic, agricultural, irrigation, fisheries, cultural and social, sports, health, education, science and technology, national defense, and security infrastructure. Notably, the capital allocated to transportation projects is VND 31,567 billion, 1.86 times higher than the 2016-2020 period; the capital allocated to projects in the social and environmental protection sectors is VND 10,900 billion.

In addition to focusing on maximizing the effectiveness of public investment capital, Quang Ninh also pays attention to the management and use of public assets. As of early August 2024, the entire province had reorganized and processed 801 out of 1,002 properties (houses and land); of which, the provincial level: 65 out of 69 (94.2%), the district level: 725 out of 887 (81.7%), and the enterprise level: 11 out of 46 (23.9%). The remaining 201 properties are currently being processed and are expected to be completed in the third quarter of 2024.

Quang Yen town is preparing 1,400 resettlement plots for land clearance to facilitate the construction of projects in the area. Photo: Le Nam

In addition, agencies, units, and localities have been reviewing and handling surplus vehicles in accordance with government regulations; as a result, 75 vehicles have been liquidated. In 2024, agencies, units, and localities will continue to review vehicles under their management and use according to the standards and norms stipulated in Decision No. 1280/QD-UBND dated May 2, 2024, of the Provincial People's Committee to improve the efficiency of using public vehicles, ensuring savings and preventing waste.

Simultaneously, during the period 2022-2024, the province issued 12 decisions on standards and norms for the use of specialized machinery, equipment, specialized areas, and transportation vehicles (excluding automobiles) of agencies, organizations, and units in the province. This helps agencies and units use assets safely, increase production efficiency, save costs, and improve labor productivity.

From September 2022, the province piloted the assignment and addition of tasks related to centralized procurement of public assets to the Quang Ninh Provincial Project Management Board for Civil and Industrial Construction Projects. Simultaneously, the Quang Ninh Provincial Council for Appraisal of Centralized Procurement Prices and the Steering Committee for Centralized Procurement Activities were established; along with a team to guide and supervise centralized procurement activities; and decisions on the list of assets to be procured were issued.

Strengthening management and improving the efficiency of investment capital and public assets in the province contributes to attracting investment, leading the growth of total social investment capital, creating new impetus and development space, and promoting economic growth in the area.

Source: https://baoquangninh.vn/nang-cao-hieu-qua-quan-ly-su-dung-von-tai-san-cong-3320371.html