Accelerating disbursement of public investment sources in localities
(Baonghean.vn) - Public investment capital for the construction of "electricity, roads, schools, and stations" has become an important driving force that "pave the way" to promote socio-economic development. Therefore, accelerating the efficiency of public investment disbursement is always a top priority for localities, departments, and branches.
Open the way for development
On November 15, 2023, the Prime Minister signed Decision No. 1370/QD-TTg on recognizing Do Luong district as meeting new rural standards. In order to complete and achieve the criteria for meeting new rural district standards, Vice Chairman of Do Luong District People's Committee Tran Van Hien said that, in addition to the efforts of the political system, one of the driving forces helping the district achieve many successes in socio-economic development is thanks to public investment capital. Regarding localities in Do Luong district today, positive changes are clearly seen when major roads are expanded; many office buildings, schools, and roads are upgraded and newly built.

In Thuan Son commune, along with efforts to contribute to building a new rural district, the commune is currently focusing on completing the goal of an advanced new rural commune. Secretary of the Commune Party Committee Nguyen Van Loi said that in all hamlets, public investment capital from the State budget has "stimulated" people to contribute to building a new rural area, reaching nearly 11 billion VND. Of which, in 2023 alone, people in hamlets contributed nearly 2 billion VND, the commune budget more than 1.5 billion VND, and the higher-level budget more than 7.2 billion VND. Thanks to that, all hamlets and villages in Thuan Son commune today have spacious roads, convenient canals and ditches; some items in schools are also being built and renovated.
According to the leader of the People's Committee of Do Luong district, the district has completed the preparation of plans to submit to competent authorities for approval, such as: Construction planning of Do Luong district area for the period 2021-2023, vision to 2050; general planning for Do Luong urban construction; Project to propose recognition of Do Luong urban area as meeting the criteria of a type IV urban area. Coordinate with departments, branches and experts to develop and submit to the Standing Committee of the Provincial Party Committee for consideration and promulgation of a resolution on construction and development of Do Luong district until 2030, vision to 2045.
These changes are thanks to the "boost" from public investment capital sources that have been prioritized to build infrastructure for key projects, projects serving people's lives, and public welfare projects; especially investing in building traffic systems and infrastructure to meet the criteria of a type IV urban area.

The district's efforts in disbursing public investment capital are also a measure to accelerate the urbanization and modernization of the area. By the end of the first quarter of 2024, Do Luong is one of the top districts with the highest public investment disbursement rate in the province, at 45.46% (as of April 10, 2024).
In localities with more difficult socio-economic conditions, public investment capital prioritizes the construction of infrastructure such as roads, schools, offices, etc., which is a strong motivation to encourage people and officials to actively work in production and develop the socio-economy.
Huoi Tu Commune (Ky Son border district) is a remote and disadvantaged locality. According to Mr. Ha Ba Ly - Vice Chairman of the Commune People's Committee, public investment projects have contributed to changing the face of the locality. In 2023 and early 2024, the whole commune has 14 public investment projects in the period of 2021 - 2025 from the capital source of Resolution No. 88/2019/QH14 of the National Assembly on socio-economic development in ethnic minority and mountainous areas in the period of 2021-2030, capital source for new rural construction with a total capital of more than 22 billion VND.
Thanks to that, projects such as construction and renovation of Huoi Tu 1 Primary School, the office of the Commune People's Committee; Upgrading and renovating the sports field of Huoi Dun village with 500 million VND; Construction of the Community Cultural House of Huoi Khe village with 1.4 billion VND; Renovation and upgrading of the domestic water supply system of Pha Bun village with 500 million VND; Construction of a national grid low-voltage station in 6 villages with 9.3 billion VND...

Resolutely speed up the disbursement rate of public investment capital
With the pioneering nature, public investment capital is the driving force for localities to create momentum for development. Therefore, every year, public investment disbursement is always a task that the Government pays attention to and closely directs. In Nghe An, with the task of disbursement reaching over 95% each year, the Provincial People's Committee established a Working Group to support and supervise, and periodically stipulates that localities report on public investment disbursement progress every 10 days to promptly support and remove difficulties and obstacles.
By the end of the first quarter of 2024 and early April 2024, the concentrated public investment plan had disbursed VND 708,362 billion, reaching 15.3%, higher than the same period in 2023 (7.01%). Some agencies and units have disbursed quite well such as: Nghe An Radio and Television Station (100%), Department of Education and Training (69.73%), Yen Thanh District General Hospital (33.46%)... and localities: Vinh City (46.28%), Do Luong (45.46%), Yen Thanh (42.51%), Nam Dan (42.11%), Thanh Chuong (40.32%), Nghi Loc (37.61%), Tan Ky (34.63%), Nghia Dan (32.71%),...

However, some capital sources are still slow to disburse, such as: Foreign capital (not yet disbursed); Central budget - domestic capital (only reached 8.39%); National Target Program for Sustainable Poverty Reduction only reached 5.21%; National Target Program for Economic Development of Ethnic Minority and Mountainous Areas only reached 8.91%; capital from previous years has only reached 5.81%.
To accelerate the implementation and disbursement of the 2024 public investment capital plan, striving for a disbursement rate of over 95% this year, in Official Dispatch No. 09/CD-UBND dated April 9, 2024, Chairman of the Provincial People's Committee Nguyen Duc Trung requested localities, agencies and units to focus on implementing flexible, creative, timely and effective measures and solutions to drastically promote the implementation and disbursement of public investment capital, especially the 3 National Target Programs; accelerate the implementation of projects under the Socio-Economic Recovery and Development Program, key projects, inter-regional projects, coastal roads... Accelerating the disbursement progress of public investment capital must be associated with ensuring the volume and quality of works and projects, preventing negativity, loss and waste.