Can Tho City: Request to accelerate disbursement of public investment funds.

In 2025, the Government allocated over 27,600 billion VND to Can Tho City for public investment projects. However, as of September 30th, the city had only disbursed over 9,550 billion VND, reaching 34.5% of the plan; 15.5% lower than the national average disbursement rate.

The disbursement rate remains low.

Chairman of the People's Committee of Can Tho City, Truong Canh Tuyen, along with the city's vice chairmen, presided over the regular meeting for the first nine months of 2025.

On the afternoon of October 14th, Mr. Truong Canh Tuyen, Deputy Secretary of the City Party Committee and Chairman of the People's Committee of Can Tho City, along with the city's vice chairmen, chaired a meeting with departments, agencies, and investors regarding the socio -economic development situation and the implementation and disbursement of public investment capital in the first nine months of 2025.

According to the Head of the Department of Finance, in 2025, the Prime Minister has allocated over 27,682 billion VND for public investment. Of this, over 12,454 billion VND will come from the local budget; over 9,207 billion VND from the central government budget; and over 6,000 billion VND from increased revenue, cuts, and savings in the central government budget for 2021-2022.

The People's Council of Can Tho City allocated over 29,317 billion VND for public investment in 2025, which is 1,634 billion VND higher than the amount allocated by the Government.

As of September 30th, the city had allocated 93.89% of its planned public investment capital, with 1,792.152 billion VND remaining unallocated.

The head of the Department of Finance reported on the allocation of funds and the disbursement results for the first nine months of the year.

Regarding disbursement results in the first nine months of the year, the city disbursed over 9,551/27,682 billion VND (government-allocated capital), reaching 34.5% of the plan; for capital allocated by the City People's Council, only over 9,551/29,317 billion VND has been disbursed, reaching over 32.5% of the plan.

According to statistics, 67 key projects with a total investment exceeding 100 billion VND have been allocated over 20,214.339 billion VND, accounting for nearly 69% of public investment capital in 2025. However, as of September 30th, the disbursement rate only reached over 5,887 billion VND, or just over 29.1%.

Thus, in the first nine months of the year, the city only disbursed over 34.5%. Meanwhile, according to the plan for disbursing public investment capital for important and key projects of the City People's Committee, by the end of the third quarter, it should reach 60% of the plan assigned by the Prime Minister, and 100% for the whole year 2025.

Why is the disbursement rate low?

Mr. Le Minh Cuong, Director of the Can Tho City Investment and Construction Project Management Board for Transportation and Agriculture, reported on the disbursement of funds for projects under his unit's management.

The head of the Department of Finance identified the reason for the low disbursement rate as being due to project owners facing difficulties in compensation, support, and resettlement. Specifically, 13 projects are experiencing these issues, involving hundreds of households requiring consideration for compensation and resettlement support.

Specifically, the project to upgrade and expand National Highway 91 (section from Km0-Km7) is facing many difficulties, with 98 cases yet to be reviewed for legal validity, 156 cases yet to be approved by the compensation, support and resettlement council, 496 cases yet to be approved, and 6 technical infrastructure projects; and 565 cases yet to have land acquisition decisions issued.

In addition, the scarcity of construction materials (especially sand for leveling) has led to construction units failing to meet deadlines, resulting in disbursement rates not meeting requirements.

According to the leaders of the Can Tho City Investment and Construction Project Management Board for Transportation and Agriculture, the unit was allocated over 15,000 billion VND, but has disbursed over 5,000 billion VND to date. The reason for the low disbursement rate is the ongoing work on unfinished projects from previous years, as well as the implementation of the expressway project and several other key projects with large capital requirements.

Therefore, when these projects encounter obstacles and difficulties regarding the supply of sand for leveling, land clearance, etc., it immediately affects the overall disbursement rate of the unit.

In the coming period, the Can Tho City Investment and Construction Project Management Board for Transportation and Agriculture will urge and remind contractors to expedite construction and ensure project progress.

In the coming period, the unit will urge contractors to strengthen construction work using a "3 shifts, 4 teams" system; and resolutely deal with underperforming contractors who fail to meet the committed progress. In addition, the unit recommends that the City People's Committee direct the Land Fund Center and leaders of communes and wards to coordinate with each other to effectively carry out land clearance work, as many projects are still facing obstacles in this area.

According to the head of the Can Tho City Civil and Industrial Construction Investment Project Management Board, the unit has been allocated over 1,750 billion VND by the city, and has disbursed 39% of the funds so far. It is projected that by the end of October, the unit will achieve a disbursement rate of over 50%, and by December, over 79%.

For investors in civil and industrial projects in the city, the most difficult challenge is land clearance, which consequently affects the disbursement rate, preventing it from reaching the planned targets.

To meet the capital disbursement plan, this unit has requested the city to adjust the allocated surplus capital of 600 billion VND. In addition, the unit has requested that communes, wards, and the City Land Development Center coordinate to urgently carry out land clearance work, as the total land clearance capital of approximately 2,000 billion VND (including both the Civil and Industrial Construction Investment Project Management Board and the Regional Board) has only disbursed 200 billion VND to date, thus significantly impacting the unit's disbursement rate.

The leader of the Can Tho City Land Development Center speaks at the meeting.

The head of the city's Land Development Center stated that the unit has been urgently reorganizing its personnel and mobilizing forces to coordinate with communes and wards in carrying out land clearance work, but the results have not been as desired. The unit agrees with the investor's recommendations that the city should establish an inter-agency task force to support communes and wards (where large areas need to be acquired) because currently only two officials are in charge of this task, leading to an overload.

Concluding the meeting, Chairman of the People's Committee of Can Tho City, Truong Canh Tuyen, acknowledged that in the first nine months of the year, the city's economic growth was relatively stable, although not as strong as projected, and the investment environment continued to improve… However, given the current growth rate, achieving double-digit growth by the end of the year will be extremely difficult.

The most worrying issues are the lower-than-average disbursement rate compared to the national average; and the limited and deteriorating infrastructure in transportation, healthcare, and education.

Leaders of the People's Committee of Can Tho City listened to reports from departments and agencies on difficulties and obstacles in disbursing public investment funds.

Therefore, in the fourth quarter, the Chairman of the People's Committee of Can Tho City requested that departments and localities accelerate and truly unite in developing plans and solutions to guide implementation, review targets and tasks of each unit, and strive to ensure the completion of the 2025 plan. At the same time, they should review unfinished recurrent expenditure tasks and prepare supplementary budget estimates for recurrent funds. The Department of Finance should consider adjusting the public investment capital plan for 2025 and the 2021-2025 period.

Communes and wards should promptly understand the thoughts and aspirations of officials, civil servants, and workers, and encourage them. They should continue to review the internal organizational structure of each agency and unit, arrange personnel positions appropriately, and ensure that departments and agencies support communes and wards, especially key communes and wards with many projects, in a timely and high-quality manner.

Source: https://daibieunhandan.vn/tp-can-tho-yeu-cau-tang-toc-giai-ngan-von-dau-tu-cong-10390388.html