Lao Cai urges progress of projects to overcome consequences of storm No. 3 (storm Yagi)

Comrade Nguyen The Phuoc - Member of the Provincial Party Standing Committee, Permanent Vice Chairman of the Provincial People's Committee chaired the meeting at the bridge point of the Provincial People's Committee headquarters.

Attending the meeting were leaders of the departments of Finance, Construction, Agriculture and Environment, Education and Training; representatives of the Construction Investment Project Management Board, and leaders of relevant communes and wards.

According to the report of the Department of Finance, the total capital plan assigned to disaster recovery projects is 1,748.8 billion VND, of which the central budget reserve supports 1,500 billion VND and the provincial relief fund adds nearly 249 billion VND.

The total capital has been allocated in detail to 15 investors to implement 161 projects (old Lao Cai province 127 projects, old Yen Bai province 34 projects).

As of the reporting date, more than VND521 billion had been disbursed, reaching 30% of the assigned capital plan. It is estimated that by the end of 2025, the disbursement rate will reach about 92%. However, there are still 14 projects that have not started construction due to problems with design adjustments, bidding procedures, site clearance, and the impact of prolonged rain and floods.

The leaders of the Department of Finance reported in detail on the allocation and disbursement of more than VND 1,748 billion in capital to overcome the consequences of natural disasters.

The Department of Finance proposed that the Provincial People's Committee direct investors to speed up progress, ensuring 100% project commencement in October 2025; at the same time, focus on disbursing maximum central budget capital before the deadline of December 31, 2025.

For projects that are not expected to be fully disbursed, the Department of Finance proposes to adjust and transfer capital to other urgent projects to ensure effective use of resources, stabilize people's lives and promote local socio -economic development.

At the meeting, leaders of departments, branches, sectors, Investment and Construction Project Management Boards of the areas and People's Committees of communes and wards reported on the progress of each project; at the same time, pointed out difficulties and obstacles, and proposed solutions to soon complete the works to serve people's lives, restore and promote local socio-economic development.

Leaders of the Department of Construction spoke at the meeting.

Representatives of the Construction Investment Project Management Boards report on project implementation progress.

Concluding the meeting, Mr. Nguyen The Phuoc - Permanent Vice Chairman of the Provincial People's Committee emphasized that the progress of project implementation is generally slow and has not met the requirements.

He resolutely requested the 7 investors to urgently complete procedures and ensure the commencement of 14 delayed projects in October 2025. These are all urgent projects, with allocated capital, and need to be implemented immediately to serve people's lives.

Localities must proactively mobilize people to donate land and crops, and prepare construction sites. At the same time, investors are responsible for urging, accelerating progress, completing and disbursing projects before December 31, 2025.

Comrade Nguyen The Phuoc - Permanent Vice Chairman of the Provincial People's Committee delivered a concluding speech at the meeting.

The Standing Vice Chairman of the Provincial People's Committee assigned the Department of Finance to promptly report on the overall budget allocation plan to repair infrastructure from existing resources, advise the Provincial People's Committee to consider adjusting and balancing capital to ensure disbursement progress and effective and proper use of capital sources before September 20, 2025.

For ongoing projects, the Standing Vice Chairman of the Provincial People's Committee requested investors to urge contractors to mobilize maximum human resources, machinery and equipment to speed up progress and ensure project quality.

Source: https://baolaocai.vn/lao-cai-don-doc-tien-do-cac-du-an-khac-phuc-hau-qua-hoan-luu-bao-so-3-bao-yagi-post881278.html