Director of Nghe An Department of Planning and Investment: Determined to disburse public investment capital according to the set plan
Director of the Department of Planning and Investment Pham Hong Quang said that the province is determined to disburse public investment capital by January 31, 2025, reaching 95% of the set plan.
Clarifying the opinions of the Provincial People's Council delegates reflected at the group discussion session on the situation of enterprises in the province facing many difficulties in operation, many enterprises ceasing operations, stopping operations and the results of disbursement of public investment capital as requested by the meeting chair at the discussion session in the hall on the afternoon of December 5, Director of the Department of Planning and Investment Pham Hong Quang said: Up to now, there are more than 16,000 enterprises actually operating in the province, mainly micro-enterprises.
In 2024, the number of dissolved enterprises increased by 23.9% over the same period, the number of enterprises registering to temporarily suspend operations increased by 8.6% over the same period; of which the number of enterprises resuming operations decreased by 19.4% over the same period, the number of newly established enterprises increased by 3.89% lower than the same period.
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Explaining the reason for the increase in businesses withdrawing from the market in the first 11 months of 2024, according to the Director of the Department of Planning and Investment, it is due to the slow recovery of total domestic and world consumer demand, businesses have difficulty finding markets, leading to difficulties in consuming goods as well as the ability to access finance and financial recovery.
Through the survey, the majority of businesses dissolved or temporarily stopped operations. The dissolved businesses were small businesses with low operating efficiency for many years and were in the process of restructuring.
Recently, the Provincial People's Committee has directed sectors and localities to pay attention to and create conditions for businesses to develop with the viewpoint: Only when businesses develop can the province develop.
The Department of Planning and Investment will continue to coordinate with all levels and sectors to advise the Provincial People's Committee to solve this problem, focusing on a number of solutions:
The first, synchronously and effectively deploy solutions to improve the investment and business environment. Currently, the Provincial People's Committee has issued instructions after the conference to strengthen solutions to improve the CPI Index, in which it assigns tasks to each industry and each specific locality to implement this task.
Monday, strengthen dialogue with businesses and business associations to grasp difficulties. In particular, departments, branches and localities need to focus on removing difficulties and obstacles, continue to review and reduce administrative procedures and processing time for businesses.
Tuesday, continue to implement business support policies according to Central and provincial regulations on taxes, fees, and access to capital sources for businesses.
According to the Director of the Department of Planning and Investment, government support is one part, the main thing is that businesses have many changes suitable to the local situation and adapt to new integration conditions. The province has attracted many FDI enterprises, but in the past time, Nghe An enterprises and FDI enterprises have not created connections.
"The connection has not been implemented because the capacity of Nghe An enterprises has not met the requirements of FDI enterprises. On the part of the State management agency, the Department of Planning and Investment will continue to have solutions to coordinate, along with that, enterprises need to make efforts to create links to develop production and business with FDI enterprises" - Director of the Department of Planning and Investment said.
Regarding the disbursement of public investment capital, comrade Pham Hong Quang emphasized: Since the beginning of the year, Nghe An province has paid great attention to directing the disbursement of public investment capital. Currently, Nghe An is considered to be a fairly good top in the country, with many outstanding results. Many key works and projects have been put into effective operation, ensuring timely progress.
However, compared to the requirements, the determined and drastic target of disbursing 95% of public investment capital by January 31, 2025 is a great pressure. To achieve the above target, the Department of Planning and Investment is closely coordinating with relevant units and investors to remove difficulties, create all conditions, and is determined to complete the disbursement of 95% of public investment capital in 2024.
However, two sources of capital under the national target program of sustainable poverty reduction and socio-economic development in ethnic minority areas generally have not met requirements.
"With the drastic and close direction of the Provincial People's Committee, the drastic participation of departments and branches, and the close coordination of localities, we believe that the disbursement of public investment capital will reach 95% as planned" - the Director of the Department of Planning and Investment affirmed.