Concentrated capital allocation, not spread out

Continue to implement the detailed allocation of the 2024 public investment capital plan in accordance with regulations and allocate capital in a concentrated manner, not spread out, in the correct order of priority, to the right subjects for tasks and projects that have met the conditions, investment procedures, and disbursement capacity, as well as focus on allocating enough capital for key and urgent projects...

This is one of the tasks that departments, branches, localities and investors need to immediately implement according to the requirements of the Provincial People's Committee leaders to accelerate the disbursement of state budget capital in 2024. Along with that, improve the quality of project preparation, speed up the completion of investment procedures, and develop specific plans. At the same time, determine the time frames for completing each procedure such as: Preparing, appraising and approving design - project estimates, selecting contractors, approving bidding results, signing contracts with new projects and packages to be implemented in 2024... After the contract is signed, immediately coordinate with the contractor to implement the advance payment procedure according to regulations, thereby helping the contractor have capital to prepare the necessary conditions for construction work.

In the coming time, the whole province will continue to focus on accelerating the disbursement of public investment capital (illustrative photo).

Especially with the work of compensation, support, resettlement, and site clearance for construction, this must be considered a key task to mobilize the entire political system to participate, avoiding delays or lack of capital allocation for this work... Therefore, the People's Committees of districts, towns, and cities must really participate, uphold the spirit of responsibility, be proactive and determined in organizing implementation and doing a good job of propaganda and mobilization, focusing on coordination to resolve and speed up the progress of site clearance.

Meanwhile, investors, especially provincial project management boards, are interested in closely coordinating with contractors and material suppliers to resolve difficulties and problems that arise, ensuring the progress of the bidding packages as well as the conditions for construction works. In case it is necessary to increase the level of advance capital to meet the demand for material supply, promptly report and propose to competent authorities for consideration and settlement according to legal regulations. On the other hand, coordinate with contractors to promote the completion of advance documents, payment, and expenditure control immediately after meeting the conditions or having completed the volume according to regulations.

In addition, the provincial People's Committee leaders also requested relevant parties to regularly check, review and evaluate the situation and disbursement rate of each case, especially with key and urgent projects of the province, ODA projects, and projects with large capital allocation. At the same time, identify and forecast early any problems arising during the implementation process to handle them according to authority, or report and propose to competent authorities for early consideration and direction of resolution. Resolutely and promptly transfer capital of projects with slow disbursement to projects that have been settled or completed but still lack capital, projects with good disbursement progress to ensure efficiency and compliance with legal regulations.

As for ODA projects and foreign preferential loans, urgently send capital withdrawal dossiers to the Ministry of Finance to disburse according to regulations for volumes that have been controlled for expenditure, not to leave any backlog... In addition, it is necessary to speed up construction progress, proactively coordinate and closely monitor project implementation by relevant parties (consultants, contractors) according to capital sources (loans, co-funded aid, counterpart) to ensure smooth implementation. Timely forecast and detect problems in each implementation stage, thereby handling or reporting to the competent authority and relevant ministries for handling according to authority...

Strive to disburse public investment capital at a rate of over 95%
In Binh Thuan , the total public investment capital plan in 2024 assigned by the Prime Minister is 5,084,104 million VND. In the first months of this year, the functional department has advised the Provincial People's Committee to allocate in detail for eligible projects about 3,863,757 million VND in capital allocation, the remaining capital is currently continuing to be allocated promptly when eligible... In the coming time, the whole province will focus on accelerating the implementation progress and strive to disburse public investment capital in 2024 to reach over 95% of the plan...

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