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Quang Ninh: Accelerating seed capital into the economy

By the end of June 2025, Quang Ninh's public investment capital had disbursed over VND3,200 billion, reaching 27.5% of the plan. To complete the 2025 task, the province needs to disburse about VND9,800 billion.

Báo Đầu tưBáo Đầu tư29/12/2024

In 2025, Quang Ninh province will allocate VND13,002 billion for public investment. According to reports from relevant departments and branches, before the end of district-level activities, public investment capital in Quang Ninh province had disbursed over VND3,200 billion, reaching 27.5% of the plan assigned at the beginning of the year.

Investment project to build a riverside road connecting Ha Long - Hai Phong expressway to Dong Trieu, section from provincial road 338 to Dong Trieu. Photo: Do Phuong.

As one of the key transportation projects of Quang Ninh province, the Riverside Road project, from Provincial Road 338 to Dong Trieu, after more than 2 years of construction, up to now, 12/13 bridges in the project have completed the main structure. Currently, contractors are focusing on handling the approach road to the bridge.

As for the Song Uong bridge connecting Uong Bi and Quang Yen, due to its complex geology, interspersed with mud and many layers of caster caves, the treatment process takes a long time. Up to now, the Song Uong bridge has completed the construction of bored piles, poured concrete for 18/24 piers, is implementing the construction of 2/4 cantilever piers, installing 2/16 span girders, and casting Super T girders reaching 30/80 girder slabs.

According to the investor's report, during the implementation process, the scarcity of sand material supply for weak soil treatment led to many difficulties in mobilizing it for the project while the weak soil treatment items had to be constructed first, especially for the weak soil treatment solution using absorbent wicks (about 16 km) which had to wait for about 6 months for subsidence. The sudden increase in sand prices in a short period of time also led to difficulties in mobilizing materials.

With only about 6 months left to complete the 2025 target, Quang Ninh will have to disburse 72.5%, equivalent to about 9,800 billion VND. It can be seen that this is a big challenge for the units assigned to manage the project as well as the construction contractors in the context of many difficulties and obstacles in implementing site clearance, filling materials and especially the escalating prices of raw materials as well as the beginning of the rainy season.

Faced with this situation, the People's Committee of Quang Ninh province directed project boards and investors to focus on removing and thoroughly handling problems related to land and resources of key projects, speeding up construction progress and disbursing public investment capital.

At the same time, speed up the completion of investment procedures and bidding for projects approved by competent authorities. Strictly implement and comply with the disbursement plan developed for each month and quarter and assign specific leaders to be responsible for monitoring the implementation progress.

Contractors speed up construction progress of projects in Quang Ninh province. Photo: Do Phuong.

In particular, boards and investors must closely follow up, promptly remove difficulties and take responsibility for the disbursement results of each project, considering this an important basis when evaluating and classifying the level of completion of assigned tasks in 2025 of collectives and individuals.

Currently, after the transfer of projects and works from the district level to the two provincial project management boards, the number of projects and works is very large, the area is wide and scattered. Therefore, the Provincial People's Committee requires the two provincial project management boards to proactively review and evaluate the disbursement capacity of each specific project, to have a plan to adjust the capital plan from slow-disbursement projects to good-disbursement projects, with the need for additional capital internally by investors according to regulations, to ensure the disbursement of all assigned capital.

Regarding the high price of construction materials, the People's Committee of Quang Ninh province directed relevant departments and branches to strictly implement the Prime Minister 's Official Dispatch No. 85/CD-TTg dated June 10, 2025, which has been specified by the Provincial People's Committee in directive documents, and take strong measures to control the price and quality of construction materials for public investment projects.

At the same time, strengthen inspection, examination, and strictly handle violations, especially the assignment of raw material mines to the wrong subjects and without proper authority. Update and adjust the announcement of construction material prices and construction price indexes according to regulations, control the price fluctuations of construction materials and fuels, and strictly handle acts of speculation and price hike for profit.

After the termination of the district-level government in Quang Ninh province, 11/13 construction investment project management boards at the district level (except Van Don and Co To) merged into 2 provincial-level investment project boards (Construction Investment Project Management Board Region I; Construction Investment Project Management Board Region II).

At the same time, all projects and works under the management and supervision of 11 district-level boards have been transferred to 2 provincial-level boards for management, continued supervision and implementation according to regulations. The merger of district-level construction investment project management boards to the provincial level creates unity in management, operation and synchronization in the implementation of work parts.

Currently, project management boards have urgently organized and rearranged appropriate staff and technical staff in each specific area and field, ensuring effective promotion of human resources, strengthening management and supervision of works and projects; contributing to speeding up and accelerating construction progress and disbursement of public investment capital.

This is one of the key factors expected to create breakthroughs in disbursing public investment capital in the last months of 2025 and the next phase of Quang Ninh province.

Source: https://baodautu.vn/quang-ninh-day-nhanh-von-moi-vao-nen-kinh-te-d322554.html


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