Hai Duong promotes disbursement of public investment capital

Accelerate

The Kinh Mon River Overpass Construction Investment Project and the access road with the interchange connecting National Highway 5 in Kim Thanh District and Kinh Mon Town started on October 15. Taking advantage of favorable weather, the joint venture of contractors mobilized maximum means and human resources to speed up the construction progress.

Currently, the construction unit is implementing the roadbed, treating weak soil and starting the construction of bored piles. Although according to regulations, the contractor has 1 month to prepare conditions to ensure smooth construction, but to have the volume of disbursement soon, the construction unit quickly arranged, shortening the time by 15 days.

The Kinh Mon River Overpass and Access Road is an important project connecting to the interchange connecting National Highway 5 in Kim Xuyen Commune (Kim Thanh) to complete traffic infrastructure and promote local socio-economic development. The project has a total investment of nearly 372 billion VND, with a construction period of more than 1 year. It is expected that by the end of 2024, the contractor consortium will complete about 30% of the work.

Mr. Nguyen Van Hue, Project Executive Director, said that in addition to speeding up the progress, contractors are urgently completing acceptance and payment procedures. The amount of work will be guaranteed to be disbursed accordingly.

The project to renovate and upgrade provincial road 391 through Tu Ky district is also being completed. The contractor has completed 3 out of 3.6 km of roadbed and is urgently completing the final section of the route. The representative of the construction unit said that if the remaining site is handed over soon, the project will be completed and put into operation by the end of November. The project has a total construction cost of more than 110 billion VND. Of which, the capital allocated in 2024 is nearly 53 billion VND. With the current construction status, the disbursement of all allocated capital will be ensured.

Implement multiple solutions simultaneously

According to the provincial Department of Planning and Investment, Hai Duong's total public investment capital plan for 2024 is more than VND 8,400 billion, an increase of more than VND 1,600 billion compared to the plan assigned by the Prime Minister. According to the Department of Finance, the province's estimated cumulative capital payment by the end of October is nearly VND 3,300 billion, reaching nearly 40% of the assigned capital plan. Therefore, the task of implementing the public investment plan for 2024 in the coming time is very stressful and heavy. However, the province has proposed many synchronous solutions to ensure feasibility in disbursing public investment capital.

This year, the Provincial Construction Investment Project Management Board was assigned more than VND 3,900 billion to implement 57 projects and works. In the first 10 months of 2024, the unit disbursed an estimated VND 1,500 billion, equal to 63% of the capital plan assigned at the beginning of the year and 37% of the capital plan. To ensure the disbursement target, the Management Board regularly inspects and supervises construction projects under construction. At the same time, it actively coordinates with specialized agencies to shorten the appraisal time so that new projects can start construction soon.

In order to improve productivity, work efficiency and motivate staff and specialists to strive to fulfill their tasks, the Management Board has launched an emulation movement to speed up the disbursement of public investment capital.

Mr. Pham Dang Hao, in charge of the bridge project of the Management Board, said: “The members of the Management Board are very determined, responsible, and stick to the project and construction day and night, urging progress and promptly grasping arising situations to report and propose solutions as soon as possible. Therefore, the implementation of the construction is relatively favorable, ensuring the workload to serve the disbursement work.”

Recently, the Provincial People's Committee decided to establish a Working Group to direct the acceleration of investment projects in the province. The Working Group is responsible for reviewing, synthesizing, and evaluating the implementation of projects, including public investment projects, to accelerate implementation and promote the effectiveness of investment capital.

The Provincial People's Committee has proposed key solutions to resolutely direct and strive for a disbursement rate of over 95%. The solutions focus on shortening administrative procedures for public investment, assessing the project implementation status, and the ability to absorb capital sources to make appropriate adjustments and capital supplements, ensuring the disbursement of all assigned capital...