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Resolutely speed up disbursement of public investment capital

Việt NamViệt Nam06/08/2024


Thanh Hoa City has identified 2024 as the year of acceleration and breakthrough to successfully implement the goals of Resolution No. 05-NQ/TU of the Provincial Party Standing Committee on "Building and developing Thanh Hoa City to 2030, with a vision to 2045", Resolution of the City Party Congress for the 2020-2025 term. Therefore, the effective implementation of the public investment disbursement plan in 2024 plays a role in creating momentum to promote the city's socio -economic development.

Resolutely speed up disbursement of public investment capital Machinery and equipment serving the construction of key projects and works according to Resolution No. 303/NQ-HDND dated July 13, 2022 of the Provincial People's Council on a number of specific mechanisms and policies for the development of Thanh Hoa City.

Implementing Resolution No. 253/NQ-HDND dated December 19, 2023 of the People's Council of Thanh Hoa City on the public investment plan for 2024, the City People's Committee has allocated and assigned detailed capital for each sector, field, and project of more than VND 1,200.640 billion. In addition, the total capital source from the central budget and the provincial budget is VND 291.267 billion. Closely following the goals and tasks according to Resolution No. 253/NQ-HDND of the City People's Council, the People's Committee of Thanh Hoa City focuses on directing and requesting the People's Committees of wards and communes, investors, and related units to deploy solutions to speed up the implementation progress and disbursement of capital according to plan. In particular, focusing on key projects of the city and projects assigned capital plans for 2024.

With the strong, close and flexible leadership and direction of the city Party Committee and government, especially the timely and decisive resolution of difficulties and obstacles considered as "bottlenecks" in the implementation of works and projects and promoting the sense of responsibility of departments, offices, investors and related units, the disbursement of public investment capital in the first 6 months of 2024 of the city has achieved positive results. As of the end of June 2024, the disbursement of 7 projects from the source of basic construction expenditure from domestic concentrated capital and revenue from use of regulation to the provincial budget managed by the Department of Planning and Investment was 157,106 billion VND/290,671 billion VND, reaching 54.05% of the plan; the disbursement of projects under the National Target Program on New Rural Development was 534 million VND/596 million VND, reaching 89.6% of the plan. Meanwhile, the value of public investment disbursement from the city budget was VND499.331 billion/VND1,200.64 billion, reaching 41.58% of the plan. In addition, the disbursement of investment capital for projects under special mechanisms and policies for the development of Thanh Hoa City was VND134.4 billion/VND1,573.34 billion, reaching 8.52% of the plan.

In fact, due to the characteristics of development investment expenditure, disbursement of investment capital requires time for construction, volume accumulation, and depends on the progress of the contract before payment procedures can be carried out. On the other hand, the disbursement rate in the first months of the year is often low and tends to increase sharply in the last months of the year. However, according to the assessment of Thanh Hoa City People's Committee, although there are still many difficulties and obstacles, the implementation of the investment plan, especially the allocation of public investment capital, has been focused on key areas, prioritizing projects with great driving force and influence. The management and use of investment capital has been carried out with attention by investors, ensuring efficiency and compliance with legal regulations. The progress of implementation and disbursement of public investment capital of programs and projects is higher than the same period.

To achieve the target of disbursing 100% of public investment capital from the provincial budget before December 15, 2024; disbursing 80% of public investment capital from the city budget before December 15, 2024 and reaching the target before January 31, 2025, Thanh Hoa City People's Committee directs departments, offices, units, People's Committees of wards and communes, and investors to thoroughly grasp and organize the drastic and serious implementation of Directive No. 01/CT-UBND dated January 26, 2024 of the Chairman of the Provincial People's Committee on accelerating the progress of disbursing public investment capital and improving the effectiveness and efficiency of management and use of public investment capital in 2024.

In particular, the organization must properly implement the timelines as directed by the Chairman of the Provincial People's Committee in Official Dispatch No. 7987/UBND-THKH dated June 7, 2024 on accelerating the progress of disbursing public investment capital in 2024; proactively and resolutely take action to promptly and thoroughly resolve difficulties and obstacles, creating strong changes in disbursing investment capital in the last months of the year. The focus is on urgently completing investment procedures, ensuring conditions for arranging the 2024 public investment capital plan for projects approved by the Provincial People's Council and the City People's Council to start construction, in addition to focusing on constructing transitional works and projects that can be completed and promote investment efficiency.

For the group of projects in the priority areas in the list of projects to start construction in 2024, the City Project Management Board and investors will closely coordinate with wards, communes and related units to accelerate the progress of compensation, support for site clearance, design, estimate, bidding and construction. Periodically every quarter, evaluate the level of completion of responsibilities of each department, division and investor in project implementation; resolutely terminate and liquidate contracts with contractors who are slow in construction progress; consulting units that do not ensure quality and progress according to the signed contract.

Article and photos: Tran Thanh



Source: https://baothanhhoa.vn/quyet-liet-day-nhanh-giai-ngan-von-dau-tu-cong-221397.htm

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