Nghe An: Resolutely handle investors who do not focus on project progress

(Baonghean.vn) - In early July 2017, Nghe An province was able to disburse45.96%public investment capital. This greatly affects economic growth rate, causing many projects to stagnate. Must tFinding solutions and promoting disbursement of public investment capital is the direction of Chairman of the Provincial People's Committee Nguyen Xuan Duong.

According to the synthesis of the Department of Planning and Investment: Public investment capital implemented in 2017 was 3,399.9 billion VND, of which the plan assigned in 2017 was 3,090.4 billion VND and the plan in 2016 extended to 2017 was 309.5 billion VND;

The result of the first 7 months of the year is 1,786.3 billion VND, reaching 52.5% of the plan, disbursement progress is 1,562.6 billion VND, reaching 45.9% of the plan.

Overview of the online conference. Photo: Van Truong

The capital sources allocated from the beginning of the year have disbursed over 50% of the plan. Only 3 sources have achieved low results: national target programs (0.5%), foreign capital (28.22%) and Government bond capital (0.51%).

Some investors are management boards, departments and branches with slow disbursement such as the Department of Culture and Sports (5 projects), the Management Board of the Southeast Economic Zone (4 projects), and the Provincial Police (3 projects). Regarding the districts, 11 districts have a disbursement rate of over 50%, and 10 districts have a disbursement rate of under 50%.

Some districts have low disbursement such as Hoang Mai town 10.67%, Vinh 15.18%...

Vice Chairman of the Provincial People's Committee Huynh Thanh Dien requested that sectors and investors need to learn from experience and focus on directing early disbursement. Photo: Van Truong

Speaking at the conference, Mr. Nguyen Hong Ky, Director of the Department of Transport, said: Capital for basic construction investment is still difficult and not timely. For example, the road connecting N5 of the Southeast Economic Zone to Hoa Son, Do Luong has only disbursed 316.5/669 billion VND, reaching 47%. The road connecting National Highway 1A to Nghia Dan district, Thai Hoa town has only disbursed 662 billion VND/1,045 billion VND... Propose that the Provincial People's Committee create conditions to arrange capital for key projects.

At local bridges, local leaders also stated the disbursement progress and solutions to speed up the disbursement progress by the end of the year.

Director of the Department of Finance Nguyen Xuan Hai proposed solutions to speed up disbursement progress. Photo: Van Truong.

Concluding the conference, Chairman of the Provincial People's Committee Nguyen Xuan Duong requested: All levels and sectors urge and direct investors to speed up site clearance and bidding, proactively remove difficulties and obstacles, ensure construction progress, promptly complete documents, make immediate payments to the State Treasury when there is a volume of acceptance, and not accumulate payments at the end of the year. Departments synthesize related problems and submit them to the Provincial People's Committee for resolution.

Construction of Ban Mong irrigation project, Quy Chau. Photo: Van Truong

For the investor, he/she is fully responsible according to the regulations for implementing the project on schedule, disbursement schedule, and assigned capital sources. Timely report any difficulties and problems for resolution and handling.

The Provincial People's Committee resolutely handles investors who do not focus on accelerating construction progress and do not promptly organize acceptance of completed volume to accelerate the disbursement of investment capital in 2017.

Van Truong