Resolutely implement solutions to complete public investment capital disbursement by 2025

Comrade Le Anh Quan, Standing Vice Chairman of the City People's Committee, chaired the meeting at the City People's Committee's meeting point.

On the afternoon of October 20th, the People's Committee of Hai Phong city held its October meeting to discuss adjusting the disbursement plan for public investment capital in 2025 up to the end of the 2025 budget year.

Comrade Le Anh Quan, Member of the Standing Committee of the City Party Committee and Permanent Vice Chairman of the City People's Committee, chaired the meeting.

Attending the meeting were members of the Standing Committee of the City Party Committee: Vu Tien Phung, Director of the Department of Internal Affairs; Pham Van Thep, Director of the Department of Science and Technology; and Bui Van Thang, Director of the Department of Agriculture and Environment. Also present were Tran Van Quan, Vice Chairman of the City People's Committee, and representatives of the city's departments and agencies.

The meeting was held in a hybrid format, combining in-person and online participation with communes, wards, and special zones within the city.

Delegates attending the conference at the Hai Phong city venue. — Delegates attending the conference at the Hai Phong City People's Committee's meeting point.

According to a report from the Department of Finance, as of October 16th, the entire city had disbursed 24,393 billion VND, reaching 68% of the capital plan assigned by the Prime Minister and 62.4% of the plan assigned by the City People's Council.

Based on the disbursement of funds and the needs and proposals of the investors, the Department of Finance reports to the City People's Committee to submit to the City People's Council a plan for reallocating funds from 757 projects, tasks, and programs, with the total amount of capital increase and decrease being equal.

Based on the reallocation plan, it is projected that by January 31, 2026, the city will have disbursed 38,729 billion VND, exceeding the capital plan assigned by the Prime Minister by 7.9% and equaling 98.6% of the capital plan assigned by the City People's Council…

After listening to the delegates' discussions and concluding the conference, Comrade Le Anh Quan, Standing Vice Chairman of the City People's Committee, highly appreciated the efforts of the investors, localities, and units in closely adhering to the city's public investment disbursement plan.

This result helped the city rank 8th nationwide in terms of public investment disbursement progress (16.8% higher than the national average). However, some investors and project management boards in the area still achieved lower disbursement rates than both the national and city averages.

To ensure the successful achievement of the target of disbursing 100% of the public investment capital assigned by the Prime Minister and over 98% of the capital plan assigned by the City People's Council in 2025, Mr. Le Anh Quan, Standing Vice Chairman of the City People's Committee, requested the Department of Finance to urgently coordinate with project investors to finalize the adjustment of the 2025 public investment capital plan for submission to the City People's Council's specialized session for consideration and approval.

Representatives of the units reported at the conference.

The Department of Finance, the Department of Construction, and related units will closely coordinate with construction investors to specifically and detailedly outline the critical path of progress for each item, project, and construction work, along with the procedures related to the settlement of completed work. The city resolutely rejects the failure of investors, area management boards, and units to disburse all allocated funds, especially those whose capital has been adjusted.

In particular, for projects with low disbursement rates, investors and local authorities are more proactive in identifying the causes and "bottlenecks" in order to take timely measures to resolve them and accelerate progress and completion.

Regarding land clearance, local authorities need to be more decisive and expeditious, implementing flexible solutions to accelerate the process. Local authorities should assign specific leaders and officials to be in charge of each project, linking their responsibilities to the task, which will serve as the basis for evaluating performance at the end of the year.

For investors who proactively develop weekly disbursement plans; implement decisive and effective solutions; strengthen supervision, inspection, and monitoring; and take advantage of favorable weather conditions to accelerate progress and capital disbursement.

-public-investment-10 — A representative from the Department of Finance presented a report at the conference.

The Departments of Construction, Agriculture and Environment, Finance, and Interior Affairs... should strengthen the timely deployment of staff to guide investors and localities in carrying out related procedures. They should strictly implement administrative procedure reductions to work with investors to expedite acceptance testing and final settlement.

The Standing Vice Chairman of the City People's Committee instructed the State Treasury Region III to control expenditures, payments, and disbursements for the project as soon as all required documents are available. He also urged the acceleration of payments through the State Treasury's online public services. City departments and agencies were instructed to focus intensely and expeditiously on developing the city's 2026 public investment plan.

PHAM CUONG - HOANG PHUOC

Source: https://baohaiphong.vn/thuc-hien-quyet-liet-cac-giai-phap-hoan-thanh-giai-ngan-von-dau-tu-cong-nam-2025-524129.html