Public investment continues to be one of the bright spots in the province's socio -economic picture. Many invested projects and works have created a ripple effect and momentum for the province's socio-economic development.
PUBLIC INVESTMENT HIGHLIGHTS
Tien Giang has identified public investment as one of the key areas in the province's socio-economic development. In recent years, thanks to proactively implementing many solutions, Tien Giang has always been in the top of the provinces and cities with the highest disbursement rate of public investment capital in the country. In 2024, the province continued to promote this result. In 2024, the province's adjusted public investment capital plan is more than 6,190 billion VND.
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| Thanks to the focus on implementing public investment well, many projects and works have been invested in, contributing to local socio-economic development. |
Of which, local budget capital is more than 4,090 billion VND, central budget capital is more than 2,100 billion VND. From this capital source, the province has implemented 356 projects. As of mid-December 2024, the province has disbursed more than 5,193 billion VND in public investment capital, reaching 85% of the plan, up 8.5% over the same period. According to the report of the Ministry of Finance , by the end of November 2024, Tien Giang's public investment disbursement rate ranked 3rd out of 63 provinces and cities nationwide.
In order to accelerate the capital disbursement progress, in recent years, the People's Committee of Tien Giang province has focused on directing many key groups of solutions to effectively implement the public investment plan. One of the important solutions is to focus on investment preparation. Specifically, the province has improved the quality of investment preparation, ensuring compliance with prescribed standards and norms when establishing, appraising, and approving investment policies and establishing, appraising, and approving projects.
Right from the regular mid-year meeting, the Provincial People's Committee submitted to the Provincial People's Council for approval the planned public investment plan for the following year to serve as a basis for investors to proactively prepare for investment and site clearance (GPMB) to implement the project. One of the other key solutions to accelerate the capital disbursement rate is to allocate capital early to investors.
At the same time, the province also closely monitors the implementation of construction investment and disbursement of projects. In particular, it promptly transfers capital from low-volume projects to high-volume projects. The province also focuses on urging investors and contractors to conduct acceptance and payment when there is volume, contributing to speeding up the disbursement progress of public investment plans.
To speed up the capital disbursement rate, recently, the province has focused on removing obstacles in site clearance and directed the Land Development Fund to advance capital so that investors can ensure sufficient capital for site clearance and early construction of works and projects. The Provincial People's Committee also directed departments, branches and localities to improve the quality of planning and appraisal of contractor selection plans.
At the same time, the province will strictly control the implementation time of construction packages, to quickly put the works into operation, to meet the requirements of new rural construction. At the same time, the leaders of the provincial People's Committee also regularly organize inspection teams to inspect the implementation of public investment. Thereby, difficulties and problems have been promptly resolved.
KEEP DEVELOPING
The total state budget capital in 2025 of Tien Giang province is more than 7,002 billion VND; of which, the investment capital in the local budget balance is more than 4,138 billion VND and the central budget capital is over 2,863 billion VND. In addition to continuing to focus on synchronously implementing effective and feasible solutions in 2024, in 2025, the functional sector will advise the Provincial People's Committee to propose relevant ministries to consider and submit to the Prime Minister to support Tien Giang province in allocating the central budget capital plan in 2025 to ensure the allocation of 100% of the medium-term public investment plan 2021 - 2025 of Tien Giang province.
At the same time, the province will implement, complete and put into use regional linkage projects in 2025, promoting the efficiency of investment capital. The province will also propose the Central Government to support the budget to implement projects to prevent and combat riverbank and coastal erosion, saline intrusion, etc. to proactively respond.
According to the Provincial People's Committee, the province's medium-term public investment plan for the 2021-2025 period was assigned by the Prime Minister with a total capital of over VND 20,497 billion. After nearly 4 years of implementation and capital mobilization, the medium-term public investment plan for the 2021-2025 period has a total capital of over VND 27,500 billion (an increase of VND 7,003 billion). The province focuses mainly on investing in developing synchronous infrastructure, allocating to key projects in important sectors and fields, projects linking 3 regions in the province, especially urgent and essential projects that play a role in promoting production, economic development and ensuring social security, contributing to promoting the province's economic growth. Of which, the transport sector is 11,149 billion VND (accounting for 40.5%); the agriculture and rural development sector is 4,066 billion VND, accounting for 14.8%; investment in education and training is about 3,684 billion VND, accounting for more than 13%; investment in health care is about 1,955 billion VND, accounting for more than 7%... |
According to a leader of a functional sector, one of the important solutions to accelerate the disbursement of public investment capital is to deploy and allocate capital for the 2025 public investment plan immediately after it is approved by the Provincial People's Council at the end of 2024 session to serve as a basis for investors to be proactive in implementing public investment.
The province will focus on improving the quality and progress of investment preparation work, ensuring compliance with legal procedures and processes; and continuing to improve investment preparation work.
Tien Giang will regularly coordinate with central ministries and branches to promptly remove difficulties and obstacles, supplement capital sources; promptly submit to the Provincial People's Council to supplement capital sources for development investment from increased revenue and cost savings.
In addition, investors coordinate with local authorities to promptly complete documents, proactively remove difficulties and obstacles, and thoroughly resolve compensation, support, and resettlement work, to speed up the progress of projects and disburse well the capital allocated in the 2025 public investment plan. Thereby, striving to successfully complete public investment targets throughout the term.
ANH PHUONG - ANH THU
Source: https://baoapbac.vn/kinh-te/202506/tien-giang-kich-hoat-hieu-qua-von-dau-tu-cong-1045640/
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