Removing difficulties in disbursing public investment capital in 2025

According to the report of Thai Nguyen Department of Finance, the cumulative payment of public investment capital in the province from the beginning of the year to the end of November 2025 was more than 8,400 billion VND, reaching 62% of the assigned capital plan. Notably, in the disbursement of public investment capital managed by the provincial budget, there were 25 investors disbursing lower than the average level of provincial investors; of which 5 investors disbursed less than 10%, 20 investors, mainly the People's Committees of communes, disbursed from 10% to less than 55%.

According to a report by the Thai Nguyen Department of Finance, the cumulative payment of public investment capital in the province from the beginning of the year to the end of November 2025 was more than VND8,400 billion, reaching 62% of the assigned capital plan. Photo: Hoang Nguyen/VNA

Regarding the disbursement of investment capital after the arrangement of the two-level government of communes and wards, by the end of November 2025, the whole province had 91/92 communes and wards disbursing investment capital and 1 commune had not disbursed investment capital (Sang Moc commune)...

Currently, the disbursement of public investment capital is facing certain difficulties and problems such as compensation for site clearance and resettlement due to changes in the Land Law, and some households have not agreed with the compensation price and resettlement plan. Due to the impact of floods and rains, most projects cannot be constructed as planned, some projects have incurred large volumes of landslides and excavation to handle landslides, including: The project to build the Bac Kan - Ba Be Lake road connecting to Na Hang, Tuyen Quang; The project to build the Quang Khe - Khang Ninh road, Ba Be commune; The Bac Kan irrigation project; The project to invest in building the Quang Bach - Bang Phuc road. Also due to the inability to complete on schedule, some projects have proposed to extend the project completion time and capital plan.

In addition, some projects of the old investor (formerly the District Project Management Board) advanced project management costs and supervision costs (implemented by the investor himself) exceeding the actual volume of acceptance. After receiving the handover, the new investor (Commune People's Committee) no longer has project management costs and supervision costs, causing difficulties in implementing project management and in recovering advances. In addition, some projects were assigned capital plans from land use fee revenue. However, the collection progress was not guaranteed, affecting the capital source for project implementation...

To overcome these difficulties, the Thai Nguyen Department of Finance requested the Provincial People's Committee to direct investors and units to strictly implement the directive on key tasks and solutions to promote the allocation and disbursement of public investment capital in 2025; strengthen the implementation of tasks and solutions to complete the target of disbursing 100% of the public investment capital plan in 2025 and the following years.

At the same time, strengthen inspection, supervision, and coordination with construction units to establish detailed progress schedules for each project to direct, monitor, and closely supervise the construction process; require contractors to have a written commitment to the progress of each construction item, as a basis for inspection, supervision, and strict handling of violations of progress and quality of construction.

If necessary, terminate the contract and immediately replace other contractors; promptly complete documents and legal procedures, accept completed volume to make immediate payment to the State Treasury and make advance payments according to regulations to consolidate payments at the end of the year.

The province directed contractors to supplement machinery, human resources... to speed up progress, arrange staff to monitor and closely follow construction sites of projects, complete documents and payment procedures, promptly carry out disbursement procedures with the State Treasury; continue to urge and promote the management, payment of capital, advance capital and recovery of advance capital; finalize completed investment projects using state capital in accordance with regulations...

The Provincial Department of Finance also requested the People's Committees of communes and wards to proactively and urgently coordinate with relevant agencies to promptly handle and remove difficulties and obstacles regarding procedures and prices for real estate projects, organize auctions, land allocation, land lease, urge timely collection of many revenues arising into the state budget according to the provisions of the law on budget collection; ensure capital plans for implementing projects implemented from land use fee revenue sources...

Source: https://baotintuc.vn/kinh-te/thao-go-kho-khan-giai-ngan-von-dau-tu-cong-2025-20251204071047437.htm