Identify “bottlenecks”

Although all levels and sectors in the province have made many efforts to speed up the disbursement of public investment capital, the achieved rate has not been as expected due to many difficulties and obstacles in the implementation process.

According to the Department of Finance, as of July 24, 2025, Dak Lak province has disbursed more than VND 3,797 billion (equal to 31.1% of the 2025 public investment capital plan). Of which, the central budget disbursed 29.2% of the plan; local budget disbursed 34% of the plan.

Deputy Director of the Department of Finance Huynh Gia Hoang assessed that the disbursement rate of public investment in the first months of 2025 of the province has not yet reached the set plan because the work of compensation, support and resettlement has been slow to implement, including many problems in determining the legality of land records; lack of resettlement land; people still have complaints about compensation prices and resettlement policies... Moreover, the coordination between investors and local authorities and related units is not yet synchronized.

For projects using foreign capital (ODA), it is necessary to implement in parallel with the legal regulations of Vietnam and the agreements signed with the sponsor; the implementation process goes through many stages, many steps, and depends heavily on the sponsor, which is also the reason for slowing down the implementation and disbursement of projects. In addition, the province's financial revenue for public investment is still slow, affecting the implementation and disbursement progress of some programs and projects. In addition, there are a number of other reasons affecting the effectiveness and progress of implementation such as: lack of land for construction, slow planning of land mines for construction implementation, etc.

The Ho Chi Minh Road construction investment project, the eastern bypass of Buon Ma Thuot, is still stuck with site clearance at the section adjacent to National Highway 14.

“Currently, there are a number of projects that are not stuck in site clearance but are being implemented slowly and without contractors, so it is necessary to review and handle the responsibilities of each investor and each locality, and boldly handle officials related to the slow disbursement of public investment capital.”

Chairman of Provincial People's Committee Ta Anh Tuan

The representative of the Provincial Management Board of Investment Projects for Construction of Transport Works and Rural Development (Board A) said that the capital plan for 2025 assigned to the unit is more than 3,286 billion VND. By July 20, 2025, more than 877 billion VND had been disbursed (equal to 26.7% of the plan, lower than the average of the province). The slow disbursement comes from many different reasons, including difficulties in site clearance and relocation of technical infrastructure. Moreover, this year the rains appeared earlier than in previous years, the heavy and continuous rain in the locality has greatly affected the plans and construction progress of contractors. The scarcity of construction materials, especially sand and stone on the market, has also affected the plans and construction progress of major projects. In addition, the organization of construction teams by contractors has not made full use of favorable weather; Some contractors have not mobilized maximum machinery, equipment, and human resources as committed...

In addition to the above-mentioned regular causes, the cause from the investor is also the reason why the disbursement rate is still "sluggish". Some projects that have been completed and put into use are arranged in the 2025 plan, the investors are completing the procedures for approving the project settlement and warranty work, so they have not disbursed. In the 2025 plan, there are some new projects that are in the process of bidding for construction and installation, so there is no volume to disburse.

Vice Chairman of the Provincial People's Committee Truong Cong Thai said that currently in the province, there are many completed projects that have not been settled for many years, even decades, causing capital to be suspended and the final value to not be determined.

According to data from the State Treasury of Region XIII and the State Treasury of Region XIV, as of June 30, 2025, the total balance of advance payments for basic construction investment capital from the state budget managed by localities that has not yet completed payment procedures for the refunded volume is more than VND 4,346 billion (former Dak Lak province: more than VND 1,701 billion, former Phu Yen province: more than VND 2,645 billion). Of which, the overdue advance balance, which is unlikely to be recovered, is more than VND 3.78 billion.

Some investors with large advance balances include: Board A, Board of Management of civil and industrial construction investment projects of the province (Board B), Board of Management of construction investment projects in the Eastern region of the province (Board C). All three project management boards are in the process of consolidation, handling issues regarding opening accounts, seals, waiting for the State Treasury to process data. Board A and Board B do not have a Board director, so there are problems related to contract signing, task implementation, etc. Since August 1, the Provincial People's Committee has assigned Vice Chairman of the Provincial People's Committee Truong Cong Thai to directly direct and operate Board A until the position of Board director is consolidated according to regulations.

For district-level projects handed over to the Provincial Project Management Board, they are currently waiting for the delivery of the medium-term public investment plan and the annual plan, in which the detailed investor is assigned, before they can continue implementation. This has significantly affected the progress of disbursement of public investment capital in the province.

Source: https://baodaklak.vn/kinh-te/202508/nhan-dien-diem-nghen-5ba15f8/