Tien Giang accelerates public investment

FOCUS ON DEPLOYMENT

The province's public investment plan for 2025 is over VND 7,002 billion; of which, the local budget balance is over VND 4,138 billion, the central budget is over VND 2,863 billion. Based on the allocated capital, investors have focused on implementing works and projects according to plan.

Tien Giang is focusing on speeding up the progress of public investment projects.

According to Vice Chairman of Go Cong City People's Committee Huynh Tuan Dung, in 2025, the city will have 15 projects using provincial budget capital. Up to now, the city has completed 1 project; 6 projects are under construction. Particularly, 8 projects are continuing to carry out procedures for construction, the city strives to implement before June 2025.

Up to this point, the provincial capital disbursement rate has reached 14.5%. In addition, Go Cong City also has 54 projects using city capital. Up to this point, the locality has completed 32 projects, is constructing 16 projects, and has stopped 5 projects. 5 projects have stopped investment due to the arrangement of administrative units. Currently, the city's budget capital disbursement rate has reached 44.7% (50.8/113 billion VND).

In the coming time, the city will focus on accelerating the disbursement of public investment capital, especially for completed projects. In particular, the City People's Committee will direct sectors to accelerate the disbursement of projects using provincial capital.

According to the People's Committee of Cai Be district, identifying public investment as one of the key tasks in socio -economic development, the locality has focused on implementing it vigorously since the beginning of the year. In 2025, the district has 2 projects using central budget capital, so far the disbursement rate has reached 13.7%. In addition, the district also has 42 projects using provincial budget. So far, the disbursement progress has been nearly 146/482 billion VND, reaching 30.2%.

According to the leader of the Tien Giang Province Traffic Construction Investment Project Management Board, the unit's capital plan for 2025 is more than 782 billion VND to implement 8 transitional projects including: Traffic roads serving industrial development in the East; Upgrading and expanding provincial road 879B from Go Cat bridge to Long An border; Upgrading and expanding provincial roads 861, 863, 869 (connecting Tien Giang province and Dong Thap province); Component project 2 of Provincial Road 864 Project; Road for Dong Thap Muoi region development (phase 1); Provincial road 879C; Tan Phong bridge, Cai Lay district; Provincial road 877C and bridge over Cho Gao canal (section from provincial road 879D to provincial road 877). The estimated implementation value is over 25%. Up to now, the unit has completed and put into use section 1 of Component Project 2 of Provincial Road Project 864; Tan Phong bridge; 4 bridges and culverts on provincial roads 861, 863...

ACCELERATION

According to Vice Chairman of Cai Be District People's Committee Phan Thanh Son, the district was assigned to be the investor of Component Project 1 of Provincial Road 864 Project. This is one of the major projects that the district is focusing on implementing. Up to now, the locality has paid compensation and support to 481/509 households, with an amount of 21.3 billion VND; 28 households have not received the money with a cost of 2 billion VND. Currently, the project is being evaluated for bids. In the coming time, the locality will focus on implementing projects to accelerate the disbursement rate of investment capital.

Go Cong City has completed and put into use route 877 through the city.

In 2025, the Management Board of Civil and Industrial Construction Investment Projects of Tien Giang province is focusing on implementing key projects such as: Component Project 2 of the Cao Lanh - An Huu Expressway Construction Project Phase 1, Traffic Road on both sides of Bao Dinh River... Up to this point, the progress of Component Project 2 is basically guaranteed.

Particularly, the Bao Dinh River Road Project is also being focused on accelerating progress. In the coming time, the investor will continue to inspect and promptly remove difficulties and obstacles of contractors during the project implementation process. Thereby, creating conditions for contractors to speed up construction.

According to the leader of the Provincial Traffic Construction Investment Project Management Board, the unit is currently coordinating with the locality to speed up site clearance for transitional projects in 2025.

Thereby speeding up the disbursement of funds to pay affected households, promptly handing over the project site to implement construction work, including the key project of Group A, which is Component Project 2 of Provincial Road Project 864.

In the coming time, the unit will focus on accelerating the construction progress and acceptance of the deployed packages. One of the important tasks is to start new projects in the 2025 public investment plan such as: 2 bridges on Provincial Road 861, the section from Long Binh to Den Do under Component Project 2 (Provincial Road Project 864), Provincial Road 879C.

The unit will regularly inspect the project to promptly remove obstacles, speed up construction progress and ensure the quality of the projects, ensuring construction and disbursement of 100% of the assigned capital plan.

According to Deputy Director of the Department of Finance Nguyen Dinh Thong, by the end of April 2025, the province's public investment disbursement rate reached 24.6% (about 1,724 billion VND). Compared to the same period in 2024, the disbursement rate is slower.

However, compared to the whole country, up to this point, the province's public investment disbursement rate is still high. The reason is that the province completed the projects in the medium-term public investment plan early, so in 2025, many new projects must be arranged to start construction.

Besides, the province also encountered some difficulties. Firstly, there were still problems with 3 projects using central budget capital. Secondly, there were problems with project appraisal, construction drawing design, and fire prevention and fighting approval.

The Department of Finance recommends that investors and districts pay close attention to coordinating with appraisal units to complete and submit for early approval in order to immediately disburse this capital source.

Regarding the capital allocated to localities, up to now, the disbursement rate has only reached 15.8%; some districts have not yet disbursed. Therefore, the Department of Finance requests that the district level give strong direction to disburse this capital source.

The Department of Finance will work specifically with localities with low disbursement rates of this capital source to find out the reasons. Any content under the authority of the department will be resolved; the authority of the Provincial People's Committee will be coordinated with departments and branches to advise the Provincial People's Committee to find solutions this May.

ANH THU

Source: https://baoapbac.vn/kinh-te/202505/tien-giang-tang-toc-dau-tu-cong-1043025/