Strive to disburse 100% of public investment capital

Go Dau Port in Dong Nai . Photo: H.Loc

Further speeding up disbursement and striving to complete 100% disbursement of public investment capital is the request of Deputy Prime Minister Le Thanh Long, Head of Working Group No. 3 of the Government, when working with units and localities on April 24.

Disbursement of public investment capital is lower than the national average.

In 2025, the Government assigned 13 units and localities under Working Group No. 3 to be in charge of more than 165 trillion VND of public investment capital. By the end of the first quarter of 2025, units and localities had only disbursed about 4.7%, 9.5% lower than the national average. Of the 6 localities, only Ba Ria - Vung Tau province had disbursement results higher than the national average, the rest were lower.

Vice Chairman of Dong Nai Provincial People's Committee Ho Van Ha said that this year, the Government allocated more than 15.7 trillion VND to the province. By the end of the first quarter, the province had disbursed more than 6% and by April 22, it had increased to 8.6%. Some of the reasons for the slow disbursement of public investment capital in the province are that the Nhon Trach Inter-Port Road Project has to wait for local planning adjustments, the progress of site clearance for projects has been slow in the past, and the auction of land use rights has not achieved the set target...

Clearly identifying these problems, the province has given drastic instructions to overcome them, such as: assigning the Provincial Land Fund Development Center to implement a handbook on compensation and site clearance to remove these bottlenecks for projects; assigning the Department of Finance to preside over working with investors at least twice a month to promptly remove obstacles; assigning the Department of Construction to regularly inspect and check the progress of key projects under construction; requesting the People's Committees at the district level to focus on site clearance; promptly removing difficulties and obstacles to create favorable conditions for the implementation of projects in the area.

Regarding this issue, Vice Chairman of Binh Phuoc Provincial People's Committee Tran Van Mi said that this year, the locality was allocated nearly 17.3 trillion VND in capital. In the first quarter, the province disbursed nearly 4.9% of the plan, lower than the national average. Vice Chairman of Binh Phuoc Provincial People's Committee pointed out a number of reasons leading to low disbursement results of public investment capital such as: the locality is completing the dossiers of land lots auctioned for land use rights, there are 3 projects under national target projects with overlaps, the province has reported and proposed the Government to direct the removal...

"The province will try to speed up the disbursement of public investment capital, striving to complete the plan assigned by the Prime Minister," said Mr. Mi.

According to localities in the Southeast region, there are two major issues affecting the modest disbursement of public investment capital. One is related to the implementation of the arrangement and streamlining of the apparatus: some units have to temporarily stop starting new projects using public investment capital; projects in the investment preparation process have to be adjusted, leading to unallocated capital plans; payment and settlement work is interrupted or affected by changes in responsibilities, powers, and procedures at the local level and new functional agencies after the arrangement and reorganization of the apparatus; the merger of departments and branches leads to changes in investors, so disbursement procedures are delayed...

The second group is project implementation: some projects have volume but have not completed documents for disbursement; ODA projects have to adjust investment policies due to exceeding total investment, increasing compensation costs; many projects are stuck with compensation and site clearance. Capital sources for implementing national target programs are mostly assigned to commune level for implementation, capital allocation is still slow, and the capacity of commune level to manage implementation is still limited.

In 2025, the provinces and cities of the Southeast region including Dong Nai, Binh Duong, Binh Phuoc, Tay Ninh, Ba Ria - Vung Tau, Ho Chi Minh City and 7 central ministries and branches under Working Group No. 3 will be assigned more than 165 trillion VND of public investment capital.

Accelerate to complete the target of 100% capital disbursement

Ba Ria - Vung Tau province is the only locality with public investment disbursement results higher than the national average and the highest among the 6 localities in the Southeast region.

Sharing about this result, the representative of the People's Committee of Ba Ria - Vung Tau province said that recently, the province has requested the implementation of many drastic solutions to accelerate the progress of disbursement of public investment capital. Accordingly, the province requires the heads of departments, branches and localities to promote responsibility, grasp the situation, clearly identify the obstacles and causes of slow disbursement of each project to have solutions to remove them. Request to speed up the progress of site clearance, construction progress, remove obstacles on land and construction materials; proactively review and transfer capital according to authority between projects with slow disbursement to projects with better disbursement capacity. Along with that, strengthen the inspection and examination of public services to handle organizations and individuals that slow down the progress of allocation and disbursement of public investment capital.

During the online meeting with localities on April 24, Deputy Minister of Finance Tran Quoc Phuong proposed 10 groups of solutions. The focus is to thoroughly grasp and direct all levels to identify promoting the disbursement of the 2025 public investment capital plan as one of the top key political tasks that need to be prioritized; for national target program projects, the leaders of the Provincial People's Committee promptly grasp difficulties and obstacles to direct, remove, guide, and even assign specialized staff to support commune-level units; ensure the early allocation of all central budget capital for projects; accelerate the progress of local budget collection, especially land use collection to ensure the progress of capital allocation...

Ring Road 3 Project - Ho Chi Minh City section through Nhon Trach district.

Deputy Prime Minister Le Thanh Long said that disbursement of public investment capital is important, contributing to promoting growth, stabilizing the macro economy, creating jobs and livelihoods for people, successfully implementing the socio-economic development plan for 2025, especially the economic growth target of 8% or more. Therefore, localities need to make more efforts to contribute to raising the average rate of the region and the whole country, because the region accounts for 20% of total investment capital.

According to the Deputy Prime Minister, to achieve the goal of 100% public investment disbursement, units and localities need to promote responsibility, focus on leadership, direction, and implementation of tasks and solutions for allocating and disbursing public investment capital in 2025 more drastically, promptly, and effectively. Focus on implementing flexible, creative, timely, and effective measures and solutions to accelerate the progress of projects and works. Study the guidance document of the Ministry of Finance to implement projects in the transition period when not organized at the district level.

In response to the proposals of localities, the Deputy Prime Minister requested the Ministries of Finance, Construction, Agriculture and Environment, and Justice to guide and support localities in removing difficulties and obstacles. The focus is on thoroughly resolving difficulties related to minerals and mineral exploitation activities; land unit prices, land price consultancy; investment procedures, bidding, and signing of project implementation contracts.

Hoang Loc

Source: https://baodongnai.com.vn/dong-nam-bo/202505/phan-dau-giai-ngan-100-von-dau-tu-cong-541457d/