Focus on removing "bottlenecks", speeding up disbursement of public investment capital

Construction site of the Western Ring Road project in Can Tho City.

Stuck in land clearance

According to the Department of Finance of Can Tho City, the total public investment capital plan for 2025 of Can Tho City after merging and implementing the 2-level local government is about 29,244 billion VND. Of which, the local budget capital is about 14,016 billion VND; the central budget capital is about 15,228.103 billion VND. Can Tho City has assigned nearly 27,476 billion VND in detail; the cumulative disbursement value up to June 30, 2025 is more than 7,302 billion VND, reaching 26.37% compared to the Prime Minister 's decision.

Mr. Nguyen Thanh Hai, Deputy Director of the Department of Finance of Can Tho City, said: Through the review, the Department of Finance has compiled 67 projects with a total investment of 100 billion VND or more, the total capital plan allocated in 2025 is about 20,214 billion VND, accounting for 73.8% of the detailed capital plan. These are important and key projects, the implementation and completion of the capital disbursement plan of these projects contributes greatly to the completion of the overall plan of the whole city. As of June 30, 2025, these projects have disbursed more than 4,356 billion VND, reaching 21.55% of the assigned capital plan.

Regarding the reasons for slow capital disbursement, Mr. Nguyen Thanh Hai said that most of the works and projects encountered difficulties in site clearance and delayed handover of the site to the construction unit, leading to delays in disbursement progress according to the plan set out at the beginning of the year. In addition, the shortage and increase in prices of construction materials such as sand, stone, etc. also significantly affected the construction progress as well as the disbursement progress of the projects. In addition, during the construction process, some contractors did not ensure their capacity, the investor terminated the contract, and re-organized the bidding, leading to a prolongation of the implementation time.

The Chau Doc - Can Tho - Soc Trang expressway project is a national key project, Can Tho City is assigned to be the managing agency of 3 expressway component projects. The total central budget capital allocated in 2025 is about 7,039 billion VND. The disbursement value up to June 30, 2025 is about 1,555 billion VND, reaching a rate of 22.1%, lower than the average level of the whole city. The capital that cannot be disbursed in 2025 is about 2,700 billion VND.

The project to upgrade and expand National Highway 91 (Km0-Km7), with a capital allocation of VND 3,235 billion in 2025, is mainly for compensation, support and resettlement. However, by July 8, 2025, only about VND 441 billion has been paid. According to Plan No. 41/KH-TTPTQÐ dated April 24, 2025 of the Can Tho City Land Fund Development Center, the total estimated cost to complete compensation, support and resettlement (including relocation of technical infrastructure) is about VND 2,371 billion. Therefore, the project's compensation, support and resettlement costs are expected to have a surplus of more than VND 3,184 billion...

Determined, resolute

Disbursement of public investment capital is an important task. Disbursing public investment capital well, projects will be completed and put into operation soon, contributing to promoting the city's socio-economic development. With a large amount of capital remaining, while the time fund is limited, Can Tho City is determined to resolutely remove "bottlenecks" and accelerate public investment disbursement.

At the recent working session of Can Tho City leaders with departments and branches on the disbursement of public investment capital in 2025, many opinions suggested that the city direct relevant functional units to soon establish a compensation, support and resettlement council to continue implementing and completing support and resettlement for projects. Regarding this issue, Mr. Tran Van Lau, Chairman of Can Tho City People's Committee, requested the Department of Home Affairs to soon complete and submit to the City People's Committee the project of the land fund development center and branches, compensation, support and resettlement councils at the commune level.

Regarding capital sources, according to Mr. Nguyen Thanh Hai, for the capital source of the Chau Doc - Can Tho - Soc Trang expressway project, the Department of Finance will coordinate with the investor to review the internal transfer plan of the capital plan according to the process submitted to the City People's Committee. In case after internal transfer there is still capital that cannot be disbursed, the Department of Finance will report to the City People's Committee to submit to the Ministry of Finance for consideration, and submit to the Prime Minister for transfer to other localities and central ministries in need.

In addition, according to Mr. Nguyen Thanh Hai, the total additional central budget capital with a target (domestic capital) for Can Tho City is arranged at about 7,886 billion VND, disbursed by June 30, 2025 at a rate of 28.3%. The Department of Finance will coordinate with the investor to review the internal transfer plan of the capital plan according to the process submitted to the City People's Committee. Regarding local budget capital, the capital that cannot be assigned in detail in the 2025 capital plan is about 1,317 billion VND, the Department of Finance will propose the Ministry of Finance to consider and submit to the competent authority to reduce the 2025 budget estimate. The remaining capital that has not been assigned in detail is about 306 billion VND, after the new projects starting construction in 2025 are approved by the competent authority for investment projects, the Department of Finance will synthesize and submit to the City People's Committee to assign detailed project implementation progress.

To speed up the disbursement of public investment capital, Mr. Tran Van Lau requested investors to review and develop plans to promote the progress of each project by week and month; enhance the responsibility of the head, assign specific responsibilities in charge of the project. At the same time, review which projects are currently stuck in site clearance, promptly report and proactively coordinate with the land fund development center to work with localities. For large capital projects, report weekly or bi-weekly to the City People's Committee for timely support and removal of difficulties. Proactively propose to adjust capital sources from undisbursed projects to projects with good implementation potential. Units need to be urgent and determined to ensure the completion of the task of disbursing public investment capital in 2025 at 100% according to the direction of the Prime Minister.

Regarding the surplus capital of the project to upgrade and expand National Highway 91 (Km0-Km7), the Chairman of the City People's Committee proposed to study and propose the establishment of a new project, prioritizing the implementation of resettlement areas. The city has many projects related to site clearance affecting many households, while currently there is no guarantee of resettlement areas. The infrastructure of resettlement areas must be one step ahead, with enough electricity, water, schools, markets, etc., and at the same time, the land prices must be publicly and transparently announced. People must be arranged accommodation equal to or better than their old accommodation, ensuring convenient living conditions and transportation.

Article and photos: T. TRINH

Source: https://baocantho.com.vn/tap-trung-go-nut-that-tang-toc-giai-ngan-von-dau-tu-cong-a188688.html