Reduce or stop capital allocation in 2023 for investors with poor disbursement

This is the content of the conclusion of the Provincial People's Committee Chairman Nguyen Duc Trung at the Conference on public investment disbursement in 2022 held on September 20, 2022.

In the first 9 months of the year, the Provincial People's Committee has closely followed the Central Government's direction, issued many urging documents, established inspection teams, worked with localities to guide and resolve difficulties and problems... but the province's public investment disbursement rate is still low.

Comrade Nguyen Duc Trung - Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee chaired the provincial meeting on public investment disbursement in 2022 on September 20. Photo: Pham Bang

As of September 10, the overall disbursement rate of the whole province only reached 29.7%. If not counting the source of the National Target Program (capital allocation in May 2022), the disbursement rate reached only 36.52%. There are 18/21 districts, cities, towns and 28/44 investors outside the district disbursing below the average level of the whole province, of which 15 investors have not disbursed. By project, there are 61/201 projects that have not disbursed.

In addition to objective reasons, some departments, branches, localities and investors have not been really determined in leading, directing and implementing the disbursement of public investment capital; their capacity is still limited, not meeting the requirements, leading to the selection of contractors and consulting units that do not ensure capacity.

Investment preparation is still limited, project preparation is not thorough, not close, and paperwork is slow (for the same project, some investors do it quickly and well, while others are slow). Regarding site clearance, there are objective reasons but also subjective reasons. Localities need to pay attention and determine that site clearance must be one step ahead.

Chairman of the Provincial People's Committee Nguyen Duc Trung said that there are only 4 months left from now until the end of the year, while the remaining workload is very large, sectors and levels need to focus and resolutely implement the proposed groups of tasks and solutions, focusing on implementing 5 key tasks and solutions.

Chairman of the Provincial People's Committee Nguyen Duc Trung concluded at the provincial meeting on public investment disbursement in 2022 on September 20, 2022. Photo: Pham Bang

Sectors and levels must closely follow the Government's targets in Resolution 124/NQ-CP dated September 15, 2022, based on the number of projects and public investment capital in 2022 to implement in accordance with commitments, and must disburse at least the target set out in the Resolution.

"Request the Department of Home Affairs and the Provincial Emulation and Rewards Committee during the year-end classification process to note that for collectives and individual heads of units that do not fulfill their commitment to disburse public investment capital, at least they will not be proposed to be classified as having completed their tasks excellently in 2022."

Chairman of the Provincial People's Committee Nguyen Duc Trung

All levels and sectors urgently complete the allocation and assignment of detailed plans for the National Target Program in 2022, and submit them to the Provincial People's Council for approval before September 30, 2022. After receiving capital allocation, promptly organize bidding to implement construction, striving to disburse at least 30% of the assigned capital plan before October 31, 2022.

All levels and sectors focus on handling difficulties and problems related to land, land mines, land procedures, and raw material prices; support sectors and localities, and try to shorten the time for project dossier appraisal to speed up implementation progress and capital disbursement.

The Chairman of the Provincial People's Committee requested investors to select contractors and consultants with capacity and experience; resolutely replace contractors who lack capacity and experience, slowing down capital disbursement. Direct contractors to speed up construction progress, focus on construction teams, and try to review the implementation volume for acceptance and disbursement weekly and monthly.

Contractors are focusing on constructing the coastal road project from Nghi Son (Thanh Hoa) to Cua Lo (Nghe An). Photo: Pham Bang

Investors carefully review and work with contractors to plan progress and construction solutions in the spirit of trying to disburse all assigned planned capital, limiting capital adjustments and repayments. Particularly for 7 projects that are overdue for using central budget capital and are expected to not fully disburse the planned target, investors focus on measures to disburse all assigned plans, increase the disbursement rate, and minimize the extension to 2023.

Sectors and localities should proactively review and evaluate the ability to implement the 2023 public investment plan in line with reality to register capital needs and prepare to develop the 2023 public investment plan; Consider reducing or stopping the allocation of capital for the 2023 plan for localities, departments, sectors, and investors whose disbursement in 2022 does not meet requirements. For investors with good disbursement, priority is given to advising on capital allocation for the 2023 plan.