Nghe An: Many localities and units are slow to disburse public investment.

According to the report of the Department of Planning and Investment, there are 5 units with a disbursement rate of over 35% including: Thanh Chuong (58.77%), Tuong Duong (57.06%), Dien Chau (46.39%), Yen Thanh (40.4%) and Ky Son (38.86%).

However, there are still some localities with disbursement rates below 10% including: Hoang Mai Town (8.77%), Quy Hop (4.13%), Hung Nguyen (2.31%), Vinh City (1.14%)... Even Quy Chau and Que Phong districts have a rate of 0%...

Bara Do Luong upgrade project and the Northern Nghe An Irrigation canal system. Photo: Nguyen Hai

Some industries are investors such as: Management BoardSoutheast Economic Zone, the Provincial Military Command, Department of Natural Resources and Environment, Nghe An Provincial Youth Union, Department of Health, and Project Management Board for investment in construction of civil and industrial works have not disbursed any money.

The slow disbursement is mainly due to a number of reasons such as implementing bidding procedures for new packages, land clearance problems, overdue implementation, needing to extend progress, project adjustments, and completing settlement procedures...

Regarding slow disbursement projects, Mr. Phan Van Hoan - Deputy Director of the Department of Planning and Investment said that the Department is directing and urging units to speed up the implementation and disbursement progress.

Regarding public investment in the first 5 months of the year, investors have completed the handover and put into use the Project to Upgrade and Expand National Highway 15A, section Km320+700 - Km324+500. Investors are also continuing to focus on directing and accelerating the construction progress of the projects: Upgrading and Expanding National Highway 15A; Muong Xen - Ta Do - Khe Kien Road (phase 1); Traffic road connecting Vinh - Cua Lo (phase 1);Coastal roadfrom Nghi Son (Thanh Hoa) to Cua Lo (Nghe An) from the intersection of National Highway 46 to TL535 (Km76 - Km83+500); LRAMP project - Road component.

Nghe An is also promptly removing difficulties and obstacles.disbursement commitmentand hand over the site according to the progress of the direction of the Ministry of Transport for the North-South Expressway Project in the East section through Nghe An province; Coordinate with investors and central ministries and branches to implement projects: Cua Lo Port, Vinh Airport, Renovation and upgrading of essential works of the Vinh - Hanoi railway line, High-speed railway project through Nghe An province; overpasses, border roads, ODA projects, bus stations, etc.

Construction of coastal road through Cua Lo town. Photo: Thanh Cuong

At the 21st session of the 17th term, 2016 - 2021, on the morning of May 13, the People's Council of Nghe An province passed a Resolution on investment policy and adjusted investment policy of 22 projects. Of which, 4 projects had adjusted investment policy and 18 projects had new investment policy.

Currently, the province is completing the procedural documents to submit to competent authorities for approval of investment policies for new projects starting from local budget sources according to Resolution 20/NQ-HDND issued by the Provincial People's Council; Focusing on completing procedural documents and related contents to assign details of the following allocations under the 2021 public investment plan (local budget source - investment preparation capital and other planning 34,172 billion VND; Central budget source - capital for new projects starting from 485 billion VND, capital for projects that have been extended beyond the prescribed time but have not yet allocated enough capital to complete in 2021 (225,198 billion VND).