Reviewing the feasibility of ODA projects

(LĐ online) - The People's Committee of Lam Dong province has just assigned the Department of Planning and Investment and the Department of Finance, according to their assigned functions and tasks, to coordinate with investors of projects using ODA capital in the province to properly assess the implementation capacity of each project to propose capital allocation plans suitable to the implementation capacity, disbursement, and implementation progress of the approved project; avoid the case of requesting too much capital allocation, not fully disbursed, having to propose to refund the central budget, affecting the overall disbursement rate of the province.

The Department of Planning and Investment and the Department of Finance, according to their assigned functions and tasks, shall guide and direct investors of projects whose planning year is the final disbursement year to focus on reviewing and evaluating the remaining workload and the ability to complete it within the planning year to propose appropriate capital allocation; monitor, inspect and improve the quality of project preparation to ensure that projects are implemented according to the set plan after being approved by competent authorities; review and synthesize the counterpart capital needs of each project; balance and propose the Provincial People's Committee to report to competent authorities to arrange sufficient counterpart capital according to regulations.

Strengthen the inspection and supervision of project implementation; closely coordinate with investors using ODA capital to promptly detect, handle or propose the Provincial People's Committee to consider and handle difficulties and problems arising during the implementation process according to their authority. At the same time, request the above agencies to coordinate with project investors to strictly implement the regime of periodic reporting on the situation of attracting and using ODA capital and foreign preferential loans according to the guiding Circular of the Ministry of Planning and Investment .

Previously, Lam Dong Provincial People's Committee directed departments, branches and localities to regularly inspect and urge contractors to speed up the implementation progress, promptly have the volume to pay and disburse the allocated capital. At the same time, the above agencies promptly detect, handle or propose the Provincial People's Committee to consider and handle difficulties and problems arising during the implementation process according to their authority. In case of exceeding authority, promptly synthesize, report and propose the Provincial People's Committee to submit to ministries, branches and the Prime Minister for consideration and settlement according to regulations to speed up the implementation progress of the projects.

Lam Dong provincial leaders also requested the above agencies to regularly check and review the progress of implementation and disbursement of the allocated capital plans of the projects. Timely synthesize and propose to the authorities to have plans to cut and adjust the capital plans of projects that are unable to complete the volume according to the set schedule, in order to be closer to the actual implementation situation of the projects...

Program and project investors are directed to accelerate the selection of contractors, promptly complete procedures for signing and awarding contracts for bid packages; inspect, closely monitor and urge contractors' construction progress; review and improve the project management team to ensure adequate capacity and professional qualifications. Investors also need to improve their responsibility, considering the disbursement results of investment capital of each ODA program and project under their management as an indicator to evaluate the completion of tasks in 2023.

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