Lao Cai drastically directs the disbursement of public investment capital

Up to now, the disbursement rate of public investment capital in Lao Cai has reached about 1,900 billion VND, equal to 36% of the plan assigned by the Prime Minister from the beginning of the year. This number puts Lao Cai in the top provinces and cities with high disbursement rates in the country.

However, compared to the target set by the province, it has not yet met expectations. There are localities where the disbursement rate is still low, and there are projects that are still behind schedule even though it is not yet at the peak of the rainy season and the weather is changing. Convenient for construction. The requirement is to be more drastic and serious in association with the responsibility of the leader, always creating disbursement pressure for each locality and unit.

“Regularly inspect and urge contractors, design consultants, project supervisors and managers to remove difficulties and promptly speed up progress. Any units that do not ensure readiness to supplement subcontractor”, said Mr. Nguyen Quoc Huy, Director of the Department of Transport of Lao Cai province.

Every month, results related to disbursement are made public by Lao Cai to promptly praise, criticize, remind, and find solutions. Among localities, Bao Thang is a typical example, leading the entire province in disbursement rate in 2023. In the first quarter of 2024, this locality continues to maintain a high disbursement rate, reaching 39% of the plan. .

“We must do well in investment preparation work, including site clearance work, which must have very high consensus from the people. Responsibilities must also be assigned to each agency, unit, and investor. To speed up the progress, from the investment preparation work, we must choose a guaranteed contractor. We must regularly monitor and go to the grassroots to grasp the progress of project implementation to make timely adjustments,” Mr. Ngo Minh Que, Chairman of Bao Thang District People’s Committee, shared his experience.

Lao Cai also focuses on ensuring capital payment for projects. The current state treasury system is continuing to innovate the expenditure control process, shortening payment time; At the same time, urge investors to complete the volume to complete the payment documents at the same time, avoiding piling up work until the end of the year.

“Assign tasks to department heads, assign each specialized officer to be in charge of investors, project management boards to periodically summarize disbursement progress, recover advances, and report to the Provincial People’s Committee and competent authorities promptly direct and accelerate the disbursement of public investment capital,” said Mr. Nguyen Chi Dung, Deputy Director of the State Treasury of Lao Cai province.

Up to now, Lao Cai’s capital advance balance is at a high level, at over 4,000 billion VND, although some capital flows have been disbursed but have not yet reached the project. Directing at a recent meeting on disbursement, Mr. Trinh Xuan Truong, Chairman of Lao Cai Provincial People’s Committee, required sectors and localities to be more serious and scientific, identifying disbursement as a political task. The goal from now until the end of the year is to disburse capital of VND 1,000 billion each month (including reimbursement).

“We have many projects, focusing on transportation, education, health care, basically all must be completed in 2024. In case of extension, it will only be extended in 2024, not in 2025. If not, the project must be stopped for reasons such as slow local implementation, lack of consensus from the people, and unfinished site clearance; At the same time, we must review the responsibility of that investor,” Mr. Trinh Xuan Truong stated.