Aggressively accelerate the disbursement of public investment funds.

PV: Comrade, in implementing the Government's directive on accelerating the disbursement of public investment capital, what are the main difficulties and obstacles that Lao Cai is facing and needs to focus on resolving?

Comrade Phan Trung Ba: 2026 is the first year of the term implementing the Resolution of the First Provincial Party Congress, term 2025-2030, and the first year of the medium-term public investment plan for the period 2026-2030. Therefore, the implementation of the 2026 public investment plan is of paramount importance to the socio -economic development of the province.

Immediately after receiving the 2026 state budget capital plan from the Prime Minister , Lao Cai province promptly allocated 100% of the planned capital to investors. By the end of April 2026, the province had disbursed 15.4% of the capital plan assigned by the Prime Minister, placing it among the top 20 provinces and cities with the highest disbursement rates nationwide.

However, the implementation process still faces some difficulties and obstacles that need to be addressed.

That is, obstacles in compensation and land clearance remain a major "bottleneck" for many public investment projects, especially transportation infrastructure and urban development projects.

The procedures and regulations related to public investment, land, construction, and bidding need to be strictly followed, involving many stages and steps. Therefore, during implementation, investors face difficulties in meeting deadlines.

With numerous large-scale construction projects underway simultaneously, there is a risk of shortages or price fluctuations in construction materials, especially materials like sand, stone, and fill soil. These fluctuations not only affect construction costs but also impact project timelines.

In some communes and wards, the shortage of officials in charge of public investment has affected the management and implementation of projects.

PV: Based on a clear understanding of the difficulties, what key solutions has the Provincial People's Committee implemented to strengthen discipline and accelerate the disbursement of public investment funds, Comrade?

Comrade Phan Trung Bá: Based on a clear understanding of the difficulties, the Provincial People's Committee has been implementing many key solutions to strengthen discipline and order in leadership and management, and to enhance the responsibility of all levels, sectors, and leaders in the task of disbursing public investment capital, specifically as follows:

Strictly, promptly, and effectively implement the directives of the Government, the Prime Minister, central ministries and agencies, the Provincial Party Committee, and the Provincial People's Council regarding the main tasks and solutions for implementing the socio-economic development plan, the state budget estimate, and the disbursement of public investment capital in 2026.

Focus on directing, inspecting, and urging the acceleration of project implementation from the early months of the year, especially key projects, projects to urgently address the consequences of natural disasters, and projects with large allocated capital; supplement and improve the quality of public service performance for officials in charge of public investment by seconding civil servants and officials from the provincial level to the grassroots level.

Specifically, the Provincial People's Committee has established two working groups: one to accelerate the implementation and disbursement of public investment projects in 2026, headed by the Chairman of the Provincial People's Committee; and another to guide, supervise, and resolve difficulties and obstacles to accelerate the progress of preparing, appraising, and approving investment policies for public investment projects in the 2026-2030 period in the province, headed by the Director of the Department of Finance, in order to promptly supervise, resolve difficulties and obstacles, and accelerate the implementation of public investment projects.

The province requests that heads of departments and agencies; chairmen of commune and ward People's Committees; and heads of project owners expedite investment preparation, land clearance, completion of legal procedures, bidding, and construction... The province is determined to cut funding from projects with slow disbursement rates to supplement projects with good disbursement progress, preventing any capital from being left idle.

Directing specialized agencies in construction to proactively shorten the processing time of dossiers; strengthening coordination in appraisal and consultation to ensure the progress and quality of projects.

Weekly public disclosure of disbursement results by units on the provincial electronic portal; identifying the disbursement of public investment capital as an important task in the performance of official duties.

PV: Could you please tell us what specific solutions the province is implementing to ensure the progress of key projects?

Comrade Phan Trung Bá: As I have discussed, with the goal of using public investment as seed capital to guide other economic sectors to create momentum for growth and promote socio-economic development of the province, in the past period, Lao Cai has directed its units to focus on implementing the following tasks and solutions:

Emphasis should be placed on, and priority given to, the implementation of provincial planning and general planning for communes and wards, to serve as a basis and direction for public investment.

Lao Cai province places special emphasis on investment preparation; regularly urging and guiding investors to promptly complete procedures, ensuring thorough investment preparation. This helps to clearly determine the feasibility and necessity of each project, minimizing adjustments and additions during implementation. In addition, the province has directed investors to proactively develop detailed implementation plans and disbursement scenarios from the outset as a basis for implementation, monitoring, supervision, and guidance.

The province has directed the Department of Agriculture and Environment to coordinate with the People's Committees of communes and wards, and investors to focus on resolving obstacles and difficulties in land clearance; construction should be carried out wherever land is cleared; and proactively research and flexibly apply relevant regulations, policies, and legal procedures.

In parallel, based on Resolution No. 254/2025/QH15 of the National Assembly stipulating a number of mechanisms and policies to remove difficulties and obstacles in the implementation of the Land Law, the province continues to improve the legal framework to accelerate the progress of land clearance for public investment projects.

Coordinate with relevant units to regularly update and announce the prices of construction materials in the province, ensuring timeliness, appropriateness, and meeting the requirements of construction investment management; expedite project appraisal; strengthen inspection of construction projects, especially key projects and projects with delayed progress.

Regularly review the progress of projects, promptly adjusting and reducing the capital plan of projects facing difficulties or obstacles to supplement projects with good implementation progress, especially key projects that need to be accelerated. In addition, direct the Department of Finance to promptly review and supplement sources of increased revenue and expenditure savings to be included in public investment, meeting the implementation needs of projects.

PV: In achieving double-digit growth targets, how do you assess the role of public investment and the direction of key projects for the province?

Comrade Phan Trung Bá: Right from the beginning of the term, the Resolution of the First Congress of the Lao Cai Provincial Party Committee identified major, important, and breakthrough goals and orientations for Party committees and authorities at all levels, from the province to the grassroots, to focus on leading and directing implementation, creating a foundation to remove "bottlenecks" in mobilizing, allocating, and effectively utilizing investment resources for socio-economic development.

With that goal in mind, the province has identified state resources as playing a leading role, acting as a "lever" to attract non-state investment resources. Accordingly, state budget capital is prioritized for key projects with a ripple effect, creating momentum to promote socio-economic development. In the period 2026-2030, the province has identified the implementation of 46 key projects with a total investment of over 77,569 billion VND, of which the transportation sector accounts for a large proportion with 25 projects, playing a role in connecting inter-regions and expanding development space.

Specifically for 2026, the Provincial Party Committee, the Provincial People's Council, and the Provincial People's Committee aim for economic growth exceeding 10%; total social development investment is projected to reach 90,000 billion VND. The structure of investment capital will continue to shift positively towards gradually reducing the proportion of state investment and increasing the proportion of non-state investment. Accordingly, it is expected that approximately 10 projects will be completed in 2026, contributing to creating favorable conditions for attracting investment to the province.

Furthermore, in 2026, the province will closely coordinate and create favorable conditions for central ministries and agencies to implement important projects in the area, such as expanding the Noi Bai - Lao Cai expressway section through the province and investing in the construction of the Lao Cai - Hanoi - Hai Phong railway line. These are all projects of particular importance in attracting investment and promoting socio-economic development of Lao Cai in particular and the Northern Midlands and mountainous region in general.

PV: Thank you very much, Comrade!

Source: https://baolaocai.vn/quyet-liet-tang-toc-giai-ngan-von-dau-tu-cong-post900119.html