Lao Cai strives to disburse public investment capital to reach 95% of the plan in 2024

Accordingly, in the first 4 months of 2024, thanks to the drastic direction of the Standing Committee of the Provincial Party Committee, the Provincial People’s Council, the Provincial People’s Committee and the efforts of agencies, units, and investors, the disbursement rate of public investment capital has increased. of Lao Cai is in the group of provinces and cities with high disbursement rates in the country.

Specifically, the total public investment capital plan for 2024 assigned to Lao Cai province is 6,007 billion VND. Up to this point, the disbursement value has reached 1,504 billion VND, equal to 25% of the plan. For the 2024 capital plan assigned by the Prime Minister’s Decision, it is 5,212 billion VND; Up to this point, the disbursement value has reached 1,864 billion VND, equal to 36% of the plan assigned by the Central Government, basically meeting the set requirements (according to the direction of the Chairman of the Provincial People’s Committee, by April 30, 2024, the ratio Disbursement of the whole province must reach 30% of the Plan).

To continue disbursement of public investment capital to meet the proposed plan, the Chairman of Lao Cai Provincial People’s Committee requested agencies, units, and districts to closely follow the direction of the Government, the Prime Minister, and other localities. Central ministries; promote responsibility, focus on direction, leadership and operations to speed up disbursement and resolve difficulties and problems. Ensuring the disbursement rate target of over 95% of allocated capital in 2024.

Currently, Lao Cai has many works and projects being implemented, focusing on health, education, transportation…, the Provincial Chairman requested, it must be basically completed in 2024 and in case of extension. The deadline will only be extended in 2024, not in 2025. The province will conduct a review of the investor’s responsibilities if the project’s progress is delayed; Review and re-evaluate the activities and organizational apparatus of the Project Management Boards to improve the capacity to manage projects. For storm and flood projects using central budget capital, it is necessary to pay close attention to accelerating investment preparation and site clearance…

Lao Cai has disbursed nearly 1,000 billion VND in public investment capital