Disbursement of public investment capital - Key task

Disbursement of public investment capital is an extremely important task for the socio-economic development of the whole country in general, and each province and city in particular, thereby actively contributing to the realization of the growth target. In particular, in the context of implementing a two-level government, the operation of the new model requires more efforts to continue to accelerate the disbursement progress of the public investment capital plan in 2025, thereby making achievements to welcome the Party Congresses at all levels for the 2025-2030 term.

Clearly identifying the importance of public investment disbursement, in recent times, ministries, branches and localities have focused on and made efforts to carry out this task with positive results. According to the Ministry of Finance , the estimated disbursement of public investment capital from the beginning of the year to July 31, 2025 is over VND 388,301 billion, reaching 43.9% of the plan assigned by the Prime Minister, nearly 10% higher than the same period in 2024. In particular, the disbursement rate of local budget capital reached 57.5%. Public investment in the first 7 months increased quite strongly compared to the same period in 2024.

With Quang Ninh , the province has directed project management boards at the provincial, commune, ward and special zone levels to accelerate the construction progress of projects transferred from localities to ensure consistency in the management and implementation of programs and projects, and to avoid delays and interruptions due to the impact of the arrangement and merger of administrative units in accordance with the direction of the Central Government and the province. By July 31, 2025, the total public investment capital plan was VND 13,166 billion, VND 1,260 billion higher than the plan assigned by the Provincial People's Council at the beginning of the year, with disbursement reaching VND 4,391 billion, equal to 40% of the capital plan assigned at the beginning of the year, higher than the same period in 2024 (21.5%).

Quang Ninh Newspaper, Radio and Television Headquarters has basically completed construction.

To ensure the growth target, Prime Minister Pham Minh Chinh requested the determination to disburse 100% of public investment capital in 2025, and at the same time considered the results of public investment disbursement as an important basis for assessing the level of task completion and evaluating officials. If not completed, it must be reviewed and handled.

The Prime Minister emphasized that the disbursement of public investment capital still faces some difficulties such as site clearance, technical standards, supply of raw materials, etc.; inspection and supervision work is sometimes lax; some ministries, agencies and localities are not proactive and determined, even have a mentality of avoiding, shirking responsibility, and waiting for instructions; the implementation of conclusions and instructions of the Government and the Prime Minister is sometimes and in some places slow; the capacity to manage and organize the implementation of national target programs in some places is still limited, affecting the effectiveness of policy implementation at the grassroots level.

Therefore, the Prime Minister requested leaders of ministries, branches, agencies and localities, based on their functions, tasks and powers, to uphold their sense of responsibility, promote the role of the head, strengthen leadership, closely direct, proactively and actively organize implementation, regularly review, urge and promptly remove difficulties and obstacles in their units and at construction sites promptly and effectively; deploy, concretize and creatively, flexibly and effectively apply the Party's guidelines and policies, the State's policies and laws, resolutions of the Party, the National Assembly and the Government; pay attention to building a database to monitor and evaluate public investment, especially data on land, environment and contractor evaluation data; High determination, great effort, drastic and effective actions, with focus and key points in the spirit of "The Party has directed, the Government is unified, the National Assembly agrees, the people support, the Fatherland expects, then only discuss action, not retreat".

The country is striving hard for a GDP growth target of 8.3-8.5% in 2025. In particular, Quang Ninh aims for a growth rate of 14% or more, the highest level ever. The disbursement of public investment capital will make an important contribution to the growth of the whole country as well as localities. Therefore, in order to best complete this task, it is necessary to recognize the current shortcomings and limitations, at the same time remove difficulties and obstacles and proactively propose and supplement timely response solutions.

Peace

Source: https://baoquangninh.vn/giai-ngan-von-dau-tu-cong-nhiem-vu-trong-tam-3371156.html