Quang Nam focuses on key tasks to complete the annual plan

Chairman of the Provincial People's Committee Le Van Dung led a provincial working group to inspect the disbursement of capital for basic construction investment in Nui Thanh district. Photo: T.CONG

Disbursement pressure

Reporting at the meeting, Mr. Nguyen Quang Thu - Director of the Department of Planning and Investment said that the province's socio -economic situation in the first 8 months of 2024 showed many positive signs of recovery compared to the same period in 2023.

Service industries grew well, international visitors increased, import and export activities made efforts to recover, and agricultural production ensured progress.

However, difficulties still exist as industrial production recovers positively but slowly; newly registered enterprises have decreased in number and registered capital, the number of enterprises withdrawing from the market is still high. In particular, the disbursement of public investment capital is still low, not reaching the set plan.

A representative of the Quang Nam State Treasury said that the pressure to disburse funds for the remaining months is very high. Quang Nam is about to enter the rainy season, which will create more difficulties for sectors and localities, especially disbursing capital for the three national target programs.

With the assigned responsibility, the Provincial State Treasury has made efforts to coordinate with the finance sector, investment planning and units and localities to implement solutions and calculate capital transfers, but the results have not been high. In particular, some capital sources for target programs to implement Resolutions 104 and 108 that have lasted from 2021 to present are difficult to extend.

In August, the Provincial People's Committee established 5 Working Groups to inspect, urge, remove difficulties and obstacles, promote disbursement of public investment capital; organize inspections of the implementation status, disbursement of public investment capital in 2024 and the progress of implementation of a number of key projects.

Many localities are still facing difficulties in disbursing investment capital. Photo: TC

The work of reviewing and transferring the 2024 capital plan is also resolutely carried out for projects with slow disbursement to projects with good disbursement progress in order to increase the disbursement rate and promote the efficiency of public investment capital. However, Chairman of the Provincial People's Committee Le Van Dung still expressed many concerns about the current progress of investment capital disbursement.

According to Chairman of the Provincial People's Committee Le Van Dung, the initial phase encountered difficulties, obstacles, and overlaps, however, there were solutions after Decree 111 was issued.

“Keeping on saying it’s stuck is not convincing. There are reasons that need to be learned from, specifically the capital allocation from the beginning was unreasonable and not based on reality.

Some departments, after allocating capital, refuse to do it, nearly 2/3 of the time they request to return it. If the capital is allocated but not done, it must be reviewed and disciplined" - Mr. Le Van Dung said.

According to Mr. Nguyen Quang Thu, as of August 31, the whole province only disbursed more than 3,226 billion VND, reaching 36.3%, lower than the same period in 2023, lower than the national average (37.01%). Of which, the capital plan for 2024 disbursed more than 2,489.8 billion VND, reaching 35.3% and the capital plan for 2023 extended disbursement of 736.7 billion VND, reaching 40.3%.

Focus on removing difficulties for businesses

Not only is public investment disbursement difficult, business operations have not yet fully recovered. The number of newly established enterprises has decreased in quantity and registered capital compared to the same period in 2023. Since the beginning of the year, only 762 enterprises have registered for establishment, down 8.1% with registered capital of VND 4.1 trillion (down 5.5%).

In the near future, the leaders of the Provincial People's Committee will organize dialogues and meetings with each sector to resolve difficulties and rectify the implementation of public duties. Photo: TC

The total number of enterprises entering and re-entering the market was 1,137 (down 1.7%). Meanwhile, the total number of enterprises registering to temporarily suspend business, waiting for dissolution procedures and dissolving was 1,220 (up 12.4%).

A representative of the Department of Planning and Investment informed that Quang Nam has been strengthening management and promoting support for foreign direct investment (FDI) enterprises located in the province.

In particular, focusing on the task of attracting investment; promptly and legally resolving issues related to land, location, site clearance, investment licensing, especially large-scale projects, high-tech products, attracting a lot of labor, capable of creating momentum for socio-economic development of the province.

Vice Chairman of the Provincial People's Committee Ho Quang Buu commented that although the economic recovery has achieved many results, it is still slow. Many enterprises are facing difficulties, site clearance for projects and disbursement of investment capital are still too slow.

“In the remaining time, departments, branches and localities must focus on removing difficulties for businesses and creating a good investment environment. At the same time, it is necessary to effectively implement the contents of Project 06, pay attention to building databases, especially industry data to ensure strategic tasks in the coming time,” said Vice Chairman of the Provincial People's Committee Ho Quang Buu.

The production and business situation of many enterprises is more difficult than before. Illustrative photo.

Affirming that in the near future, the leaders of the Provincial People's Committee will meet and dialogue with each sector, first of all the education and natural resources and environment sectors, to remove difficulties and rectify existing problems, Chairman of the Provincial People's Committee Le Van Dung said that the provincial leaders will strengthen inspection, supervision, and direct drastic handling of departments, sectors, and localities that are slow in implementing the assigned tasks.

In the remaining time, Chairman of the Provincial People's Committee Le Van Dung requested to focus on dialogue and listening to remove difficulties, create conditions for businesses to develop, drastically improve the investment environment, and strictly handle acts of obstructing investors in violation of regulations.

Working groups actively urge, inspect and direct, departments and branches join the Provincial People's Committee and localities in disbursing capital for basic construction investment.

“Localities focus on urging the acceleration of project progress, especially key projects, solving social security tasks, further promoting administrative reform and digital transformation. The whole province effectively and seriously implements the rotation and transfer of cadres, ensuring efficiency in the state management apparatus…” - Chairman of the Provincial People's Committee Le Van Dung directed.

Source: https://baoquangnam.vn/quang-nam-tap-trung-nhiem-vu-trong-tam-hoan-thanh-ke-hoach-nam-3140819.html