"Sprint" to disburse public investment capital

On the morning of December 19, Comrade Luu Van Ban, Member of the Provincial Party Standing Committee, Permanent Vice Chairman of the Hai Duong Provincial People's Committee chaired a meeting to listen to reports from departments, branches, and district-level People's Committees on the implementation situation and resolution of difficulties and problems in disbursing public investment capital in 2023.

After listening to agencies and units report on the progress of public investment disbursement, Standing Vice Chairman of the Provincial People's Committee Luu Van Ban requested all levels and sectors to quickly and urgently accelerate the construction and disbursement progress. The construction must ensure the progress and quality of the project.

The Department of Planning and Investment urges and monitors the disbursement situation and reports to the leaders of the Provincial People's Committee daily.

The Departments of Construction and Finance coordinate to announce construction material prices close to the market, creating conditions for contractors to proactively procure construction materials.

The Provincial Construction Investment Management Board determines the capital consumption capacity for each specific project, coordinates with the Departments of Planning and Investment and Finance to advise on appropriate source transfer plans if necessary.

The units: Provincial Treasury, Department of Planning and Investment, Provincial Construction Project Management Board and District People's Committees regularly update the situation and progress of construction and disbursement, promptly report difficulties and problems for urgent resolution.

For projects that are still stuck in site clearance, the Standing Vice Chairman of the Provincial People's Committee requested the Department of Natural Resources and Environment to direct the Land Registration Office to proactively coordinate with the Site Clearance Board and the Site Clearance Compensation Council in the locality to urgently appraise measurements, extracts, research and develop plans for land valuation, compensation, and site clearance support.

Localities shall implement site clearance in accordance with the principles of compliance with legal regulations, strengthen propaganda and mobilization, and ensure the highest level of people's interests according to regulations. Only consider forced site clearance when the procedures have been fully implemented but people still do not agree.

Regarding projects that have been approved for investment policy to be implemented in 2024, Mr. Luu Van Ban, Standing Vice Chairman of the Provincial People's Committee, requested that investors be responsible for coordinating with relevant sectors to select consultants and contractors with capacity and experience to implement, ensuring progress and quality.

This is a key issue to improve the efficiency of public investment capital. New projects are mostly in the fields of health, culture and education, so the sectors in charge of state management must closely coordinate with investors during the implementation process to avoid asynchronous investment.

According to the report of the Department of Planning and Investment, the total public investment capital plan of the province in 2023 is 7,511 billion VND. By December 15, the whole province had disbursed 4,327 billion VND, reaching 57.6%. Compared to the capital plan assigned by the Prime Minister of 5,804.6 billion VND, the disbursement rate of the province reached 69.6%. Of which, the provincial budget capital has disbursed 2,043 billion VND, reaching 49.8%; the district and commune capital has disbursed 2,281 billion VND, reaching 68%.

The Department of Planning and Investment assessed that the implementation progress of the construction and installation part of the basic projects meets the requirement of disbursing 100% of the payment capital plan in the 2023 budget year.