Promote the settlement of investment capital for completed projects

(Baonghean.vn) - On the afternoon of April 22, the Provincial People's Committee held a conference to evaluate the results of 1 year of implementing Directive 27/CT-TTg of the Prime Minister on strengthening and promoting the settlement of investment capital for completed projects in the province. Comrade Hoang Viet Duong - Vice Chairman of the Provincial People's Committee, Head of the Steering Committee for promoting the settlement of provincial investment capital, chaired the conference.

Nghe An is a province with many administrative units, receiving many capital sources from central programs and projects, so the number of projects and works in the area is very large. The total number of projects that have not been settled according to the report of the State Treasury (as of April 30, 2014) before implementing Directive 27 is 3,380 projects.

Implementing Directive 27 of the Prime Minister, in 2014 and the first quarter of 2015, the province approved the final settlement of 3,328 projects, the investment cost completed and approved was 6,429.1 billion VND. Up to now, the number of completed projects remaining without final settlement is 1,039 projects.

Conference overview

Comrade Hoang Viet Duong - Vice Chairman of the Provincial People's Committee chaired the conference.

Comrade Nguyen Xuan Hai - Director of the Department of Finance reported on the summary of 1 year of implementing Directive 27 of the Prime Minister.

Representative of Quynh Luu District People's Committee spoke about experience in investment capital settlement.

Representative of Quy Chau District People's Committee spoke about the results of promoting the settlement of investment capital in the district.

In 2014, at the provincial level, the number of projects reviewed and approved reached 200.4% (547/273 projects), the approved completed investment cost reached 187.6% (VND 3,051.7 billion/VND 1,627 billion). At the district level, the number of projects reviewed and approved reached 198%, the approved completed investment cost reached 134%. Some districts, cities and towns had higher results in reviewing and approving the annual final accounts compared to the whole year of 2013, such as Anh Son with 210/37 projects, Thanh Chuong with 209/105 projects, Tan Ky with 156/72 projects, Yen Thanh with 137/82 projects... In the first quarter of 2015 alone, in general, the work of finalizing completed projects received attention and direction from all levels and sectors, and the progress of project review and approval compared to previous years was basically still guaranteed.

Awarding certificates of merit to outstanding groups

Awarding certificates to outstanding individuals

In his concluding remarks at the conference, Mr. Hoang Viet Duong - Vice Chairman of the Provincial People's Committee acknowledged and highly appreciated the efforts of all levels, sectors and localities in promoting the settlement of investment capital for completed projects; at the same time, he emphasized that in recent years, the number of completed projects put into use has increased significantly, but the settlement direction of some sectors and units has not been drastic, so the number of backlogged projects is quite large. There is still a phenomenon of contractors not coordinating with investors to prepare settlement reports; some investors and project management boards have not actively reviewed, urged, instructed and requested construction investors and consultants to coordinate in preparing settlement reports for completed projects...

To speed up the preparation of final settlement reports and the examination and approval of final settlement of completed projects according to Directive 27 of the Prime Minister and Decision 1738/QD-UBND of the Provincial People's Committee, districts and cities need to innovate the work of examining final settlement of completed projects. For investors and construction contractors whose projects are late in submitting final settlement reports for more than 24 months, the Department of Planning and Investment is requested not to advise on investment policies, not to appraise new investment projects; not to approve bidding plans, and not to award contracts for new projects...

On this occasion, the Provincial People's Committee awarded Certificates of Merit to 8 collectives and 8 individuals with outstanding achievements in implementing Directive 27 of the Prime Minister on promoting the settlement of investment capital for completed projects in the province.

Thu Huyen