Disbursement of public investment capital in 2021 in Nghe An is estimated to reach over 93% of the assigned plan.

Pham Bang DNUM_ACZBCZCACB 15:17

(Baonghean.vn) - It is expected that by the end of 2021, Nghe An province will disburse public investment capital at 93.09% of the assigned plan and strive to achieve a disbursement rate of 95% -100% in 2022.

As of November 20, 2021, the provincial concentrated public investment capital has disbursed VND 2,101,886 billion, reaching 66.47% of the plan assigned at the beginning of the year. Of which, domestic capital has disbursed 74.95%. Some sources have achieved quite well, such as the central budget reaching 81.63%, land use revenue reaching 77.39%. The estimated disbursement by the end of 2021 is 93.09% of the plan assigned at the beginning of the year.

Some units have disbursed over 80% such as the Management Board of the Southeast Economic Zone, the Provincial Police, the districts of Con Cuong, Ky Son, Tuong Duong, Nghia Dan, Tan Ky, Thanh Chuong, Nam Dan, Dien Chau and Vinh city.

Simulated image of the North-South expressway, Dien Chau - Bai Vot section. Compared to other traffic projects, the North-South expressway has a higher elevation, so it requires a large amount of earth and rock for filling. Photo: Document

Progress of some key projects: The Coastal Road Project, section Km76 - Km83+500, has disbursed VND 74,701 billion/plan VND 120 billion, reaching 62.25%; The Muong Xen - Ta Do - Khe Kien Road Project has disbursed VND 121,528 billion/plan VND 149.7 billion, reaching 81.18%; The Vinh - Cua Lo Road Project (phase 1) has disbursed public investment capital in 2021 of VND 76,093 billion/plan VND 100 billion, reaching 76.09% of the plan.

Despite the strong direction and supervision, the disbursement rate of the whole province as of November 20 only reached 57.63% of the total assigned plan. In particular, the newly disbursed foreign capital source was VND 193,891 billion, reaching 31.46%, much lower than the same period (51.34%). The capital planned for the previous year was extended to 2021 and only 51.41% was disbursed.

Some sectoral units and districts are still slow in disbursing funds, such as the Northern Nghe An Economic and Technical Vocational College, the Ministry of Transport, Nghe An Provincial Youth Union, the Rural Development Department, the Provincial Military Command, Nghe An Oncology Hospital, Do Luong, Cua Lo Town, etc.

Compensation and site clearance work still has many problems such as unit prices, determining land origin... which are major problems affecting the progress of implementation and capital disbursement... The situation of long-term outstanding advances that have not been recovered and the backlog of completed projects that have not been settled are still large.

According to the announcement of the Ministry of Planning and Investment, the expected plan for 2022 is that the State budget source of Nghe An province is announced at 9,389.98 billion VND, of which the central budget source is 4,271.3 billion VND; The local budget is 5,118.68 billion VND.

Nghe An province strives to achieve a disbursement rate of 95%-100% in 2022 with the goal of improving the efficiency of public investment capital use, accelerating the construction progress of key infrastructure projects, contributing to promoting growth and ensuring social security.

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Disbursement of public investment capital in 2021 in Nghe An is estimated to reach over 93% of the assigned plan.
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