The mandatory goal is to disburse 100% of public investment capital.
One of the issues that many delegates are concerned about is the disbursement of public investment capital. Delegate Trieu Quang Huy (Lang Son Delegation) noted that recently, the Prime Minister has closely directed and accelerated the progress of public investment in key projects and works and the disbursement of public investment capital. However, many ministries, branches and localities still have low disbursement rates. To achieve the growth target of 8% in 2025 and double-digit growth in the period of 2026 - 2030, the Deputy proposed that the Government direct ministries, branches and local authorities to pay more attention to the work of construction and preparation of project investment so that when the investment policy decision and project investment decision of the competent authority are available, the project works can be immediately implemented smoothly in accordance with the actual situation, ensuring progress and ensuring the total approved investment, the project effectively promotes public investment capital, contributing to the economic growth of the country.
Deputy Duong Khac Mai ( Dak Nong Delegation) also suggested that the Government needs to have specific solutions and measures, assigning responsibility for implementation to each entity to innovate public investment management, ensure timely and effective disbursement of public investment capital, have comprehensive solutions to attract social investment, and successfully implement the policy of "using public investment to lead private investment".
Regarding this issue, Minister of Finance Nguyen Van Thang said that the Government and the Prime Minister are very determined in urging the disbursement of public investment capital. The Government has directed the establishment of 7 working groups of the Prime Minister, 26 working groups of Government members and implemented many solutions to promote the disbursement of public investment capital. Up to now, the situation of scattered and fragmented investment in public investment has been basically resolved, concentrating capital on large and strategic projects of the country.
He cited that at the beginning of the term, ministries, branches and localities submitted 12,000 projects for the 2021-2025 period, but the Government has cut down to only 5,000 projects and in the near future, the Government plans to have only 3,000 projects. Thanks to the focus and key points, we have had many breakthrough projects and works, especially in transport infrastructure.
Another highlight of this term is that all key national projects have achieved and exceeded the schedule. These are lessons learned so that in the next term we can do better, focusing investment capital on key and focal projects.
"Regarding the issue of local budgets, public investment projects under local budgets will have to be further reviewed to ensure that they are focused and key to ensure effectiveness," the Minister added.
According to Minister Nguyen Van Thang, the mandatory target is to disburse 100%, so the Government is currently focusing on very drastic solutions to make the highest contribution to economic growth.
Private sector should be allowed to participate in railway investment
In the afternoon of the same day, discussing the draft Law on Railways (amended) in the hall, Deputy Nguyen Huu Thong (Binh Thuan Delegation) pointed out that the provisions of the draft Law create a mechanism for mobilizing the private economy to participate in investment in developing the economic infrastructure and railway industry. Along with that is a mechanism for strict management and supervision by the National Assembly, the National Assembly Standing Committee and the participation of ministries and branches from the investment preparation stage to the project investment when completed and put into operation.
Deputy Hoang Van Cuong (Hanoi City Delegation) also welcomed the regulation encouraging organizations and individuals to participate in investing in railway projects using non-state capital. However, according to the Deputy, the draft Law only stipulates the appointment of contractors for investors proposed by the investors themselves or railway projects invested under the public-private partnership (PPP) method. As for the railway projects that the State is proposing to invest publicly with state capital, there is no mechanism for private investors to participate in this project. Typically, the North-South high-speed railway project currently has investors proposed but we do not have a mechanism to allow selection of participants.
Therefore, the delegate suggested that it is necessary to add a method of selecting private investors to participate in railway projects that the State plans to invest with the State budget, which can invest in full or in part. Or the regulation assigns the Prime Minister to issue regulations on criteria for selecting private investors to invest in railway projects that are planned to be invested with the State budget and on the basis of 3 principles. Specifically, the project's objectives and technical requirements must not change; the investment capital cost, when there is private participation, must not exceed the State's initial plan; the operational efficiency brought to the State is higher than the State's investment.
Reporting to clarify some contents that the Deputies are interested in, Minister of Construction Tran Hong Minh said that developing the railway industry, developing science and technology transfer are some of the outstanding policies of this draft Law. To develop the railway industry, we must stand up for self-reliance, self-reliance, self-strengthening, especially self-reliance. The Minister stated that self-reliance must be implemented by the State, the People and enterprises.
With the regulation on investment in railway projects using non-state sources to institutionalize Resolution 68 of the Politburo on private economic development, according to the Minister, this regulation will open up opportunities for the private sector and mobilize private resources for railway investment and development. Thereby, contributing to reducing pressure on the state budget for allocating capital to this sector. However, the Ministry still designs the state management role, which is the State approving the standard framework to control technology, maintaining the authority of specialized construction agencies to conduct appraisal and inspection of quality acceptance. In particular, every year there are still audit data from the State Audit, so there is never a case of "private sector selling to foreign countries".
"If I am a governing body assisting the State, I, the Minister, affirm to you that my contract must fully comply with the legal basis, so I hope that the National Assembly deputies will share and not worry too much," the Minister emphasized.
Source: https://baophapluat.vn/phai-thuc-hien-cho-duoc-chu-truong-lay-dau-tu-cong-dan-dat-dau-tu-tu-post552254.html
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