Accelerate and make a breakthrough to disburse public investment capital

In the first 6 months of the year, the results of public investment disbursement of many ministries, central and local agencies have seen positive changes. Thanks to that, the overall disbursement rate of the whole country has exceeded that of the same period last year.

Ensure the progress of each project, strive to disburse 100% of the assigned plan.

According to the Ministry of Finance , the estimated disbursement of public investment capital nationwide by the end of June 2025 reached 32.5% of the plan assigned by the Prime Minister, continuing to maintain a positive pace, exceeding the disbursement rate in the same period in 2024 (28.2%). Of which, local budget capital alone had a rate of 37.8% (higher than the same period in 2024 with 27.4%), central budget capital reached 25.3% (although the rate was lower than the same period in 2024 at 29.5% but higher in absolute numbers). Compared to the plan assigned by the Prime Minister, there were 7 ministries, central agencies and 37 localities (before arrangement and merger) with a disbursement rate in the first half of the year higher than the national average. Of which, many localities disbursed over 50%.

In addition to the achieved results, according to reports from ministries, central and local agencies, there are still some causes of prolonged difficulties. In particular, compensation and site clearance for project construction are still slow due to difficulties in determining compensation land prices due to not reaching an agreement with the people, and slow site handover.

In addition, determining the land use origin of households is difficult due to multiple transfers, which takes time; completing land recovery dossiers requires many steps; difficulties in building land price lists due to merging provincial administrative units according to the provisions of the 2024 Land Law... On the other hand, the supply of some raw materials is limited (soil, sand, etc.); the price of many raw materials has increased dramatically compared to the time of bidding, increasing project costs...

Along with that, to be consistent with the apparatus structure after the implementation of arrangement and streamlining, central and local agencies must temporarily stop starting new projects or are in the process of reviewing to re-determine the needs, adjust the scale and scope of project investment, leading to not continuing to allocate capital to implement the project to wait for the review results, avoiding waste.

In addition, changes in responsibilities, powers, and project management processes at the local level due to the failure to maintain the district level and new functional agencies after the arrangement and merger are also the reasons why the appraisal of feasibility study reports, appraisal of basic designs, appraisal of construction designs, payment and settlement work must be prolonged, affecting the site clearance work of central and local projects because district-level units are the key organizations implementing site clearance work...

To ensure the disbursement rate of public investment capital, contributing to promoting growth to reach the target of 8% in 2025, the Ministry of Finance recommends that ministries, central agencies and localities promptly, drastically and effectively implement goals, tasks and solutions to promote disbursement of public investment capital according to the direction of the Government and the Prime Minister at conferences to promote public investment growth in 2025.

There must be no disruption or interruption in the implementation and disbursement of public investment capital.

In particular, it is necessary to further promote the role of heads of ministries, agencies, heads of Party committees and local authorities in leading, directing and organizing the implementation of public investment projects; regularly urge, inspect and handle problems arising right at the units and project sites, ensuring timeliness, flexibility and efficiency. In particular, resolutely direct and organize implementation, ensuring that there are no breaks or interruptions in the implementation and disbursement of public investment capital during the period of rearranging and reorganizing administrative units at all levels.

At the same time, speed up the implementation of key and important projects in the field of transportation; urgently and proactively prepare to organize the inauguration and groundbreaking of projects nationwide, to celebrate the 80th anniversary of the August Revolution and National Day September 2.

Concluding the first Government Conference with localities after implementing the 2-level local government model, in the context of the highest economic growth in the first 6 months compared to the same period in nearly 20 years, Prime Minister Pham Minh Chinh especially emphasized the requirement of 3 accelerations, including: Focusing on mobilizing total social investment to increase by 11-12% compared to 2024 to serve the growth target; concentrating efforts to complete the elimination of temporary and dilapidated houses for people with meritorious services before July 27, nationwide before August 31 and exceeding the plan to build 100,000 social housing units before December 31 and breaking through to disburse 100% of public investment capital before December 31.

Directing the implementation of this task in Vinh Long province in the last 6 months of 2025, Mr. Lu Quang Ngoi - Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee requested relevant sectors to continue focusing on implementing key and breakthrough tasks and solutions to ensure the economic growth target. Resolutely implement tasks and solutions to accelerate the disbursement of public investment capital, striving to achieve 100% of the assigned plan, especially important, inter-provincial and connecting works and projects to promote the socio-economic development of the province and works and projects expected to start construction and inaugurate to celebrate the 80th anniversary of the August Revolution and National Day September 2.

Article and photos: NAM ANH

Source: https://baovinhlong.com.vn/kinh-te/202507/tang-toc-but-pha-de-giai-ngan-von-dau-tu-cong-f9a1598/