Ho Chi Minh City discusses solutions to promote disbursement of public investment capital

Assessing the current large workload at the commune level, Secretary of the Ho Chi Minh City Party Committee Tran Luu Quang suggested that the city must support localities through working groups to promptly remove difficulties and obstacles in disbursing public investment capital and site clearance compensation.

On the afternoon of September 16, the Ho Chi Minh City People's Committee held a conference to evaluate the disbursement of public investment capital in the first 9 months of the year; propose solutions for the last 3 months of 2025 and implement the medium-term public investment plan for the period 2026-2030.

The conference took place in a combination of in-person and online sessions to the wards, communes, and special economic zones of Ho Chi Minh City.

Secretary of the Ho Chi Minh City Party Committee Tran Luu Quang attended a conference to assess the implementation of public investment disbursement. Photo: VIET DUNG

Attending the conference were comrades: Tran Luu Quang, Secretary of the Party Central Committee, Secretary of the Ho Chi Minh City Party Committee; Nguyen Van Duoc, member of the Party Central Committee, Deputy Secretary of the City Party Committee, Chairman of the Ho Chi Minh City People's Committee; Vo Van Minh, Deputy Secretary of the City Party Committee, Chairman of the Ho Chi Minh City People's Council. Also attending were comrades of the Standing Committee of the Ho Chi Minh City People's Committee, leaders of the city's departments, branches and 168 wards, communes and special zones.

At the meeting, Chairman of the Ho Chi Minh City People's Committee Nguyen Van Duoc said that the disbursement of public investment capital and site clearance is an important task. In the first 6 months of the year, the disbursement rate of public investment capital achieved positive results, reaching a high speed, however, in the last 2 months there have been signs of slowing down.

Chairman of Ho Chi Minh City People's Committee Nguyen Van Duoc speaks at the conference. Photo: VIET DUNG

Therefore, the Chairman of the Ho Chi Minh City People's Committee requested departments, branches and localities to focus on discussing and evaluating the achieved results, pointing out the shortcomings and limitations to propose key solutions to speed up the disbursement of public investment capital in the coming time.

At the working session, Secretary of the Ho Chi Minh City Party Committee Tran Luu Quang shared the difficulties and problems that departments, branches and localities are facing in disbursing public investment capital.

Chairman of the People's Council of Ho Chi Minh City Vo Van Minh speaks. Photo: VIET DUNG

Through the discussion, the Secretary of the Ho Chi Minh City Party Committee suggested many important contents for the departments, branches of Ho Chi Minh City and localities to propose key solutions to speed up the disbursement of public investment capital in the coming time.

He noted that Ho Chi Minh City must have a close coordination mechanism between departments, branches and wards, communes and special zones in the work of disbursing public investment capital and compensation and site clearance.

Secretary of the Ho Chi Minh City Party Committee Tran Luu Quang speaks. Photo: VIET DUNG

Faced with the current huge workload at the commune level, Ho Chi Minh City must support localities through working groups to promptly remove difficulties and obstacles in the disbursement of public investment capital, especially in compensation and site clearance.

Standing Vice Chairman of Ho Chi Minh City People's Committee Nguyen Van Tho speaks. Photo: VIET DUNG

At the same time, there should soon be a set of procedures guiding the sequence and procedures for implementing public investment projects for localities, including instructions on relocating electrical infrastructure to implement the project.

In addition, Ho Chi Minh City has set up a hotline to receive feedback and problems from commune levels for timely handling and resolution to speed up public investment progress.

Director of the Department of Agriculture and Environment Nguyen Toan Thang speaks. Photo: VIET DUNG

Paying attention to construction materials for projects and works, the Secretary of the Ho Chi Minh City Party Committee proposed to urgently review all material needs of key projects; review, compile statistics and make a list of construction material mines being exploited in Ho Chi Minh City.

In particular, the study has a mechanism for landfill materials to go directly to the construction investor to reduce intermediate costs.

At the meeting, Director of the Ho Chi Minh City Department of Finance Nguyen Cong Vinh said that in 2025, Ho Chi Minh City was assigned by the Prime Minister to disburse 118,948 billion VND in the public investment plan.

Director of Ho Chi Minh City Department of Finance Nguyen Cong Vinh reports. Photo: VIET DUNG

Up to now, Ho Chi Minh City has disbursed 53,712 billion VND (reaching 45.2% of the capital plan assigned by the Prime Minister). In the remaining months of the year, to reach 100% of the capital assigned by the Prime Minister, Ho Chi Minh City needs to continue disbursing 65,236 billion VND.

To ensure the completion of the year's public investment disbursement target, in addition to the proposed solutions, Ho Chi Minh City will focus on closely monitoring the implementation and disbursement of a list of 34 projects with large capital disbursement plans (including 24 projects in the list of key projects).

Source: https://ttbc-hcm.gov.vn/tphcm-ban-cac-giai-phap-thuc-day-giai-ngan-von-dau-tu-cong-1019575.html