Many difficulties and obstacles in public investment disbursement
(Baonghean.vn) - In the first 6 months of 2023, Nghe An's public investment disbursement rate reached 24.22%, higher than the national average but lower than the same period in 2022. Of which, 20 investors have not disbursed, more than 208 billion VND of national target program capital has not been allocated.
At the regular meeting of the Provincial People's Committee in June 2023, Director of the Department of Planning and Investment Pham Hong Quang said that the total public investment plan for 2023 assigned by the Prime Minister to Nghe An is VND 9,033.5 billion. As of June 20, the total public investment plan has disbursed VND 2,682.695 billion, reaching 29.7%; of which, the concentrated public investment capital managed by the province has disbursed more than VND 1,352 billion, reaching 24.22%.
Although the province's disbursement rate is higher than the national average, it is lower than the same period in 2022 (30.69%). In particular, some sources of disbursement are low, such as: foreign capital has just disbursed more than 40.6 billion VND, reaching 13.75%; the source of the Socio-Economic Recovery and Development Program has just disbursed more than 69 billion VND, reaching 9.24%; the source of the National Target Program has just disbursed nearly 226.5 billion VND, reaching 19.18%.
According to the Director of the Department of Planning and Investment, as of June 20, the source of the National Target Program planned for 2023 was more than 155 billion VND, and for 2022, more than 53 billion VND had not been allocated capital. Of which, there were 9 projects that had not completed the procedural documents of 4 investors: Ky Son (4 projects); Tuong Duong (2 projects); Nghia Dan (1 project) and the Department of Culture and Sports (2 projects).
The reason for the delay in completing the procedural documents is that some projects are large-scale, the process of surveying the terrain and geology is complicated, going through many steps, so it takes a lot of time; some projects must submit the project documents to the central ministries and branches for appraisal before approval; some projects are stuck in planning and must be adjusted...
As for the provincially managed public investment plan for 2023, as of June 20, 28 units had disbursement rates above the provincial average (24.22%). 13 districts, cities, towns and 29 investment units had disbursement rates below the provincial average.
13 districts, cities and towns, including: Tuong Duong (0.09%), Que Phong (2.12%), Thai Hoa Town (4.96%), Vinh City (6.96%), Ky Son (7.56%), Hoang Mai Town (13.74%), Con Cuong (16.12%), Quynh Luu (16.57%), Quy Chau (18.92%), Quy Hop (20.85%), Yen Thanh (22.04%), Hung Nguyen (22.83%), Nam Dan (23.32%).
In particular, many investors have not yet disbursed, including some units with large capital such as: Department of Tourism, Department of Health, Provincial Military Command, Northern Nghe An Economic and Technical Vocational College, Vinh Medical University, Tan Ky Irrigation Company Limited, Vietnam - Germany College, Provincial Border Guard Command...
By project, there are 105 projects out of 164 projects with disbursement below the average of the province, of which 69 projects have not disbursed with a capital plan of more than 1,107 billion VND. The main reasons are due to land clearance problems; some transitional projects are carrying out procedures; ODA project procedures are complicated and lengthy; investment procedures have not been completed.
According to the Director of the Department of Planning and Investment, the reasons for the slow disbursement of public investment are the impact of raw material prices; procedures for implementing new projects take a long time; problems with site clearance; and guidance documents are not consistent and timely.
In addition, some investors have not actively carried out payment and settlement procedures; the professional capacity of some project managers, supervision consultants, contractors, etc. still has many shortcomings, not meeting requirements; Some medical projects under the Socio-Economic Recovery and Development Program are very difficult to implement.
Emphasizing solutions in the coming time, Director of the Department of Planning and Investment Pham Hong Quang requested investors to focus on resolving difficulties and obstacles in procedures, bidding, and site clearance to speed up project progress. For some large-capital projects in Ky Son, if the investors determine that they do not meet the requirements, they should report to the Provincial People's Committee for solutions to transfer investors. The Department will continue to review, advise on adjusting and transferring capital plans for projects with slow disbursement.
Chairman of the Provincial People's Committee Nguyen Duc Trung requested that sectors, units, and localities, especially those with low disbursement results and those that have not yet disbursed, should focus on disbursing public investment capital, the 3 National Target Programs, and the Socio-Economic Recovery and Development Program. On the other hand, units must proactively remove difficulties and obstacles, and report to the Provincial People's Committee and sectors for direction and support in resolving issues beyond their authority.
"For projects that have not yet completed procedures for capital allocation, the Department of Planning and Investment will review the implementation capacity of investors and advise on timely solutions. If they cannot be implemented, the investors will be transferred or the project will be stopped," emphasized Chairman of the Provincial People's Committee Nguyen Duc Trung, adding that in July 2023, the Provincial People's Committee will hold a conference for the whole province on promoting disbursement of public investment capital, implementing 3 National Target Programs and the Program for economic and social recovery and development.
At the regular meeting of the Provincial People's Committee in June, the Provincial People's Committee agreed to submit to the Provincial People's Council a draft Resolution on adjusting the public investment plan for 2023 from the local budget. Accordingly, the Provincial People's Committee proposed to reduce the planned targets of 6 projects with a capital of VND 74,347 billion and increase the planned targets of 3 projects with a capital of VND 74,347 billion.
