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Nghe An's public investment disbursement reaches over 54%

Pham Bang DNUM_CHZAJZCACE 11:18

As of September 20, Nghe An province's total public investment plan for 2024 had disbursed VND 5,022 billion, reaching 54.14%.

According to the Department of Planning and Investment, identifying public investment disbursement as one of the key political tasks of 2024, from the beginning of the year, the Provincial People's Committee has resolutely directed all levels and sectors to implement many solutions to speed up disbursement progress.

As of September 20, the total public investment plan for 2024 of Nghe An province has disbursed VND 5,022 billion, reaching 54.14%, of which the concentrated public investment source managed by the province has disbursed 48.09%; the extended capital plan has disbursed 34.09%.

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Director of the Department of Planning and Investment Pham Hong Quang said that the growth rate of disbursement tends to slow down. Photo: Pham Bang

In the province, there are 36 units with disbursement rates above the average of the province, of which 24 units have disbursement rates above 60%, such as: Hoang Mai Town (85.89%), Vinh City (79.68%), Dien Chau (79.59%), Thanh Chuong (62.33%), Tan Ky (62.07%), Do Luong (61.68%), Cua Lo (60.47%), Quynh Luu (60.15%), Provincial Police (75.13%), Southeast Economic Zone Management Board (70.37%), Department of Home Affairs (70.11%)...

By project, 68 projects out of a total of 158 projects have disbursed over 60%, of which 38 projects have basically completed the disbursement plan, reaching over 90%.

For key inter-regional projects and socio-economic recovery and development programs, up to now, the Coastal Road project from Nghi Son (Thanh Hoa) to Cua Lo (Nghe An) has disbursed VND 369,288 billion, reaching 54.15%.

Nghe An Oncology Hospital Project (phase 2) has disbursed 129,947 billion VND, reaching 46.41%; 4 projects under the Socio-Economic Recovery and Development Program have disbursed 142,503 billion VND, reaching 54.08%.

Although the province's disbursement rate is quite positive, the Department of Planning and Investment assessed that the growth rate of disbursement rate tends to slow down.

Some capital sources are still slow to disburse, such as: Central budget - domestic capital (45.17%), National Target Program for socio-economic development in ethnic minority and mountainous areas (36.87%), National Target Program for sustainable poverty reduction (18.97%), long-term capital (34.09%).

Máy móc thi công kè Nậm Mộ. Ảnh: Quang An
The Nam Mo River embankment project through blocks 4 and 5, Muong Xen town (Ky Son district) is facing many difficulties. Photo: Quang An documents

Currently, in the province, there are still 32 agencies and units disbursing below the average level of the province, of which 1 unit, Phuc Son Voluntary Drug Rehabilitation Center, has not disbursed.

66 projects from public investment sources have disbursed below the average level, of which 12 projects have not been disbursed; 114 projects from the National Target Program have not been disbursed.

Districts and units: Ky Son, Que Phong, Tuong Duong, Con Cuong, Quy Chau, Department of Transport, Provincial Project Management Board for Investment in Construction of Civil and Industrial Works, Nghe An Oncology Hospital have large remaining capital that has not been disbursed.

Among the reasons, site clearance continues to affect the progress of implementation. Some investors have not actively implemented construction and payment procedures.

Acknowledging the disbursement results in the first 9 months of the year, Chairman of the Provincial People's Committee Nguyen Duc Trung requested that in the coming time, sectors, localities, and investors need to focus on accelerating the disbursement of public investment capital, removing difficulties and obstacles in bidding, site clearance, and preventing negativity, loss, and waste.

The Department of Planning and Investment proactively reviews and transfers capital plans from undisbursed or slow-disbursed projects to projects with good disbursement progress; Develops a public investment plan for 2025 to ensure quality, efficiency, and on schedule.

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Nghe An's public investment disbursement reaches over 54%
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