Can Tho City strives to disburse public investment capital

Speed up project implementation progress

In addition to a series of works and projects being implemented in Can Tho City, the Nguyen Chi Thanh Bridge and Road Project passing through Vi Thanh Ward and Vi Tan Ward is also being accelerated. The Nguyen Chi Thanh Bridge and Road Project was approved by the People's Committee of the former Hau Giang Province (now Can Tho City People's Committee) in Decision No. 350/QD-UBND dated February 28, 2025, with an implementation period from 2024 to 2029. The project has a total investment of about 1,600 billion VND. The total length of the bridge and road is about 4.56km (1.75km repaired, 2.81km newly built).

Can Tho City considers public investment disbursement as an important driving force for economic growth. In photo: Workers constructing the Chau Doc - Can Tho - Soc Trang expressway project through Can Tho City.

The design concept of the Nguyen Chi Thanh bridge and road project is based on the symbol of the snakehead fish and Cau Duc pineapple, which are specialties of the city. At the same time, the bridge is built in the image of a fishing net, one of the typical features of the local people, representing a bountiful harvest. The project is expected to create a highlight to attract tourists, suitable for the landscape, connecting the tourism of the Xa No canal in the future. In addition, the completed project will open up a development space in the West of Can Tho City, connecting National Highway 61C and provincial roads to An Giang.

The project has an expected land area of over 16 hectares. Currently, the site clearance stakes have been handed over to the units and have been counted and legally examined. Procedures are being carried out to pay compensation and clear the site for affected households, preparing to start the project (expected at the end of 2025), to celebrate the 14th National Congress of the Party.

Having land in the planning to serve the construction of the Nguyen Chi Thanh Bridge and Road Project, Mr. Tran Ngoc Huong in Vi Tan Ward said that this is a key project of the locality, contributing to promoting the socio-economic development of the city, so his family and the affected people whose land was recovered all agreed to hand over the land to the investor to soon implement the project.

"According to regulations, all the people here agree to hand over the land. Their wish is to receive support from the State, receive adequate compensation, and soon stabilize their lives," Mr. Tran Ngoc Huong confided.

Race to disburse capital

According to the report of the Ministry of Finance on November 21 on the implementation of the regime of quick reporting on the allocation and disbursement of public investment capital from the state budget in 2025, accumulated to the end of November 20, the capital plan assigned by the Prime Minister to Can Tho City was more than 28,958 billion VND, the city disbursed more than 11,747 billion VND, reaching 40.6% of the capital plan assigned by the Prime Minister, ranking 32/34 provinces and cities and among 13 localities with a disbursement rate below the national average.

Mr. Vo Nhut Quang, Deputy Director of the Department of Finance of Can Tho City, pointed out that there are 3 main groups of reasons leading to the disbursement not meeting the requirements. Firstly, most of the works and projects have encountered difficulties in site clearance. Secondly, the situation of prolonged shortage, which has not been completely resolved, and the increase in the price of construction materials such as sand and stone, affects the construction progress and disbursement of projects. Thirdly, the work of investment procedures in the investment preparation phase of the consulting unit and the investor is still limited and inaccurate, leading to the implementation of an increase in the total investment, having to go through procedures to adjust the investment policy and adjust the project, which takes a lot of time.

To complete the task of disbursing public investment capital in the coming time, Mr. Vo Nhut Quang said a number of tasks and solutions such as promoting the sense of responsibility and enthusiasm of the heads of agencies and units assigned to be investors and assigning public investment capital plans. Continuing to perform tasks well, assigning tasks, requiring clear job responsibilities for each cadre, civil servant, and public employee to develop a specific plan to implement and complete the tasks of the entire project each year. Timely adjusting cadres and civil servants who do not meet the requirements of the assigned tasks. Focusing on solving difficulties in site clearance, compensation, support and resettlement in a timely and correct manner for the people. At the same time, ensuring the handover of site according to the construction progress plan of each project, especially projects that are about to expire.

In addition, according to the Deputy Director of the Department of Finance of Can Tho City, it is necessary to promote monitoring activities to ensure strictness and effectiveness. Timely detect difficulties and obstacles, promote construction progress and ensure project quality. Focus on accelerating implementation progress in the remaining months of 2025. Resolutely handle cases of contractors violating regulations on construction and contracts, report to competent authorities for handling according to regulations. Fully and comprehensively assess the capacity of relevant consulting units, especially consulting units for the investment preparation stage to carry out project preparation, establish investment policies to meet requirements, minimize arising issues that increase the total investment, prolong the time to carry out procedures. Promote the role of working groups to promote disbursement of public investment capital, focus on removing difficulties and obstacles for key projects. Speed up capital disbursement for project groups with large capital plans in 2025 to increase the city's overall disbursement rate.

Mr. Truong Canh Tuyen, Deputy Secretary of the City Party Committee, Chairman of the People's Committee of Can Tho City, said: Implementing the direction of the Government and the Prime Minister, by 2025 Can Tho City is determined to achieve double-digit growth (ie 10% or more). To do this, the city has identified growth drivers, in which one of the most important drivers is the disbursement of public investment capital.

The Chairman of the People's Committee of Can Tho City said that they will continue to resolve the issue of filling materials. Review all projects, if there is a need to use capital, adjust the capital from unused capital to works and projects that need to use capital. Strengthen the inspection of contractors with weak capacity, not ensuring the progress of disbursement as committed, then handle and terminate the contract and transfer to units with construction capacity to ensure volume and disbursement. Particularly for investors, they must closely coordinate with the City's Land Fund Development Center and localities to clear the site, implement construction to have construction volume, increase the disbursement rate by the end of the year.

Article and photos: MONG TOAN

Source: https://baocantho.com.vn/tp-can-tho-no-luc-giai-ngan-von-dau-tu-cong-a194936.html