Nghe An: Public investment disbursement results in the first quarter of 2024 are higher than the same period last year

Hoai Thu DNUM_CHZADZCACE 15:33

(Baonghean.vn) - Nghe An's public investment disbursement rate in the first quarter of 2024 is higher than the same period last year, reaching over 12%. To speed up the disbursement progress, the Provincial People's Committee's Working Group will continue to work directly with investors of projects with low disbursement rates to urge and remove difficulties and obstacles.

Since the beginning of 2024, many drastic solutions have been implemented to urge and support localities, units and agencies in disbursing public investment, periodically (every 10 days) synthesizing and reviewing the progress of disbursement rates. As of March 20, 2024, the concentrated public investment capital managed by the province has disbursed VND 571,517 billion, reaching 12.35%, 5.06% higher than the same period in 2023.

Some sources of capital disbursement achieved quite well, such as: National Target Program on New Rural Construction reached 55.49%; lottery revenue reached 32.75%; land use revenue reached 18.78%...

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Some localities have disbursement rates of over 30% such as Vinh City, Do Luong, Nam Dan, Thanh Chuong... Graphics: Hoai Thu

There are 15/67 localities, units, and investors with disbursement rates in the first quarter reaching over 30% such as: Vinh City 49.83%, Do Luong 44.4%, Nam Dan 41.01%, Thanh Chuong 40.36%, Yen Thanh 39.9%, Nghi Loc 36.25%, Tan Ky 33.79%, Nghia Dan 33.14%. Some high schools have disbursement rates above 80% such as Dien Chau 4 (90.08%), Do Luong 3 (88.95%), Quynh Luu 3 (82.44%).

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By the end of the first quarter of 2024, there are still 41/67 localities and units with disbursement rates of less than 10%. Graphics: Hoai Thu (unit: %)

Right from the beginning of the year, after the Prime Minister's Decision and the Provincial People's Council's Resolution on public investment sources with a total plan assigned in 2024 of VND 9,076.67 billion, of which, the concentrated public investment under the province's management is VND 4,628.57 billion, up to now, the province has completed the detailed assignment of 100% of the capital plan for projects to implement, much faster than in 2023.

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Construction of the project to upgrade and expand Binh Minh Street, Cua Lo Town. Photo: Quang An

After assigning the plan, the Provincial People's Committee resolutely directed the units to accelerate the construction progress and disbursement of the 2024 public investment capital plan: issued 1 decision and 3 documents to thoroughly grasp, direct and urge the disbursement of the 2024 plan; immediately established 1 provincial-level working group, 2 department-level working groups and assigned tasks to the Vice Chairmen of the Provincial People's Committee and related departments and branches to monitor each project; directed investors to develop plans and commit to monthly disbursement; assigned the Department of Planning and Investment to review and summarize the implementation and disbursement status of each unit every 10 days...

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Construction of upgrading roads in Vinh city. Vinh city is one of the localities with a public investment disbursement rate of over 30% in the first quarter of 2024. Photo: Hoai Thu

In March 2024, the province focused on reviewing and handling the remaining undisbursed capital in the 2023 public investment plan. Regarding the central budget, the Provincial People's Committee reported to the Ministry of Planning and Investment and the Prime Minister to propose allowing extensions for 3 domestic capital projects of 65,999 billion VND and 1 foreign capital project of 47,646 billion VND.

Regarding the local budget, the Provincial People's Committee has completed the plan and plans to submit it to the Provincial People's Council in the thematic meeting in April 2024 to allow extension for 7 projects with a capital of VND 8,713 billion and arrange from recovered capital for 2 other projects with a capital of VND 13,852 billion.

As of March 20, 2024, in addition to localities and units with a fairly high disbursement rate, there are still 41/67 units with slow disbursement (rate below 10%), of which 26 agencies and units have not yet disbursed (0%).
Specifically, some units have large plans but have not yet disbursed such as: Nghe An Obstetrics and Pediatrics Hospital (50 billion VND), Provincial Military Command (38.5 billion VND), Nghe An Provincial Boarding Ethnic High School (37.097 billion VND), Nghe An Northwest Irrigation One Member Co., Ltd. (33.1 billion VND), Department of Culture and Sports (29.913 billion VND), Department of Home Affairs (24 billion VND), Rural Development Sub-Department (13.405 billion VND), Provincial Border Guard Command (12 billion VND)...
Some localities with low disbursement include: Ky Son (1.14%), Tuong Duong (4.55%), Hung Nguyen (5.61%), Que Phong (6.46%)...

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Nghe An: Public investment disbursement results in the first quarter of 2024 are higher than the same period last year
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