EFFECTIVENESS IN PUBLIC INVESTMENT MANAGEMENT
In the first 6 months of 2025, the Provincial People's Committee focused on directing many key groups of solutions to effectively implement the 2025 public investment plan.
According to the Provincial People's Committee, in addition to implementing Resolution No. 01/NQ-CP and Resolution No. 02/NQ-CP of the Government, Resolution of the Provincial Party Committee, Resolution of the Provincial People's Council on socio -economic development and improving the business environment, enhancing provincial competitiveness in 2025; to promote the disbursement of the public investment capital plan in 2025, the Provincial People's Committee has directed departments, branches, sectors and localities to implement key solutions.
Specifically, focusing on investment preparation, right from the mid-2024 session, the Provincial People's Committee submitted to the Provincial People's Council for approval the public investment plan for 2025 as a basis for investors to proactively prepare for investment and site clearance to implement the project.
Thereby, improving the quality of investment preparation work, ensuring compliance with standards and norms as prescribed when establishing, appraising and approving investment policies and establishing, appraising and approving projects; contributing to the early completion of investment preparation work of newly started projects under the 2025 public investment plan.
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| The road section of Rach Mieu 2 Bridge Project has completed asphalt concrete paving construction for about 13.7/14 km. |
At the same time, assign capital plans to investors immediately after the 2025 public investment plan is approved by the Provincial People's Council; monitor the implementation of construction investment and disbursement of projects to continue transferring capital from low-volume works and projects to high-volume works and projects; urge investors to repay capital from the Land Development Fund, contributing to accelerating the disbursement progress of public investment plans.
Particularly focus on removing obstacles in site clearance work to soon have a clean site for construction; continue to direct the Provincial Development Investment Fund to make advance capital plans so that investors can ensure sufficient capital to carry out site clearance work to create a clean site and soon implement construction of works and projects.
At the same time, direct provincial and local departments, branches and sectors to improve the quality of planning and appraisal of contractor selection plans and strictly control the implementation time of construction and equipment packages to quickly put works and projects into operation and use. At the same time, focus on implementing Circular No. 22/2024/TT-BKHĐT dated November 17, 2024 of the Ministry of Planning and Investment (now the Ministry of Finance ) guiding the provision and posting of information on contractor selection and bidding documents on the National Bidding Network.
Regularly carry out public investment inspections in the province, led by the Standing Committee of the Provincial People's Committee and through working sessions between the Provincial People's Committee and localities, promptly resolve difficulties and obstacles in basic construction investment in the localities. Urge investors to speed up the implementation of transitional projects to be completed by 2025 to contribute to increasing the province's disbursement rate and creating favorable conditions in the process of arranging and perfecting the organization of the 2-level local government apparatus.
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| The Rach Mieu 2 Bridge Construction Investment Project is expected to be inaugurated and put into operation before September 2. |
Regarding the transition of management of programs, tasks, projects, and public investment plans during the process of restructuring and perfecting the organization of the two-level local government apparatus, the Provincial People's Committee has reviewed and proposed the Provincial People's Council to approve the list of projects temporarily suspended due to the impact of the restructuring and perfecting the organization of the two-level local government apparatus in the province. At the same time, the capital plan is transferred to projects under construction that need additional capital and have the ability to disburse in 2025.
In addition, the Provincial People's Committee has established a Working Group to monitor and coordinate the transition of management of programs, tasks, projects, and public investment plans during the process of arranging and perfecting the organization of the two-level local government apparatus and promulgate plans on the implementation of the transition of management of programs, tasks, projects, and public investment plans during the process of arranging and perfecting the organization of the two-level local government apparatus.
According to the assessment of Dong Thap Provincial People's Committee, investment preparation work was completed early, progress continued to be shortened compared to the same period; strict control, shortening the implementation time of bidding packages; high focus on site clearance work.
At the same time, by regularly checking and monitoring the progress and quality of construction works and projects and coordinating well with central ministries and branches..., the implementation of the province's public investment plan for 2025 continues to have positive changes.
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| Hung Vuong Street Renovation and Upgrade Project. |
Specifically, implementing Resolution No. 202/2025/NQ-QH15 dated June 12, 2025 of the National Assembly on the arrangement of provincial-level administrative units, the total planned public investment capital in 2025 of Dong Thap province is only 16,454,112 billion VND; of which, development investment capital in the local budget balance is 11,059,441 billion VND; Central budget capital is 5,394,671 billion VND.
After the first 6 months of the year, the total disbursement value reached VND 5,125,667 billion, equivalent to 36.1% of the plan at the beginning of the year and 31.2% of the adjusted plan. This figure is higher than the average disbursement rate of the whole country according to the report of the Ministry of Finance, demonstrating outstanding efficiency in public investment management; in which, local budget capital disbursed VND 3,647,321 billion, reaching 41.4% of the plan at the beginning of the year.
Central budget capital disbursed 1,478,346 billion VND, reaching 27.4% compared to the plan at the beginning of the year. The total disbursement value for the whole year is expected to reach 100% of the plan.
INCREASE PUBLIC INVESTMENT CAPITAL, PROMOTE ECONOMIC GROWTH
In order to ensure compliance with legally mobilized capital sources; contribute to the implementation of the economic growth target of Dong Thap province in 2025 reaching 8% or more, creating a foundation to promote double-digit growth in the period of 2026 - 2030, at the Second Session (special session), the 10th Provincial People's Council, the Provincial People's Council has just passed a Resolution on amending and supplementing the 2025 public investment plan of Dong Thap province.
Accordingly, the total investment capital from the state budget in 2025 of the province is 17,559.475 billion VND (an increase of 1,105.363 billion VND compared to the total budget capital of Resolution No. 192/NQ-HDND and Resolution No. 39/NQ/HDND), including: Local budget capital: 11,814.804 billion VND (an increase of 755.363 billion VND compared to the total local budget capital of Resolution No. 192/NQ-HDND and Resolution No. 39/NQ/HDND). Central budget capital is 5,744.671 billion VND (an increase of 350 billion VND allocated by the Central Government to Dong Thap province to implement the Cao Lanh - An Huu Expressway Construction Project, Phase 1).
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From the positive results achieved in the first 6 months of 2025, in order to successfully implement the tasks and goals of socio-economic development in 2025 and strive to disburse 100% of the public investment capital plan in 2025 according to the Resolution of the Provincial People's Council, the Provincial People's Committee has directed provincial departments, branches and localities from now until the end of the year to focus on implementing Resolution No. 01/NQ-CP and Resolution No. 02/NQ-CP of the Government, Resolution of the Provincial Party Committee, Resolution of the Provincial People's Council on socio-economic development and improving the business environment, enhancing provincial competitiveness in 2025.
Continue to implement Decree No. 24/2024/ND-CP dated February 27, 2024 of the Government detailing a number of articles and measures to implement the Law on Bidding on contractor selection; Circulars of central ministries and branches guiding the provision and posting of information on contractor selection and bidding document templates on the National Bidding Network. Resolutely fight against stagnation, strictly handle negative cases in public investment, continue to conduct online bidding according to regulations, ensure publicity, transparency, and select qualified contractors. Strictly handle cases of contractors violating contract progress.
For transitional projects: Investors are required to speed up construction progress, ensure project quality, conduct acceptance and payment of capital to the State Treasury as soon as there is volume to disburse the assigned capital well, continue to regularly transfer the 2025 capital plan between internal investors and investors to speed up the disbursement progress of the 2025 public investment plan.
For newly started projects, complete contractor selection and promptly implement project construction.
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| The Cao Lanh - An Huu Expressway Construction Project Phase 1 is under urgent construction. |
Regarding site clearance, promptly complete documents, proactively remove difficulties and obstacles in compensation, support and resettlement; continue to strengthen propaganda and mobilize people to grasp and understand the State's policies, create consensus in site clearance work, contributing to speeding up project progress; as well as continue to use capital from the Provincial Land Development Fund to pay for compensation work in order to soon complete site clearance work, meeting project progress.
Along with that, direct departments, branches and localities to proactively review and guide the handover of public investment projects during the process of arranging and perfecting the organization of the two-level local government apparatus to ensure the progress of implementation and disbursement of the 2025 public investment plan to avoid stagnation or interruption due to the impact of the arrangement, merger and separation of administrative units.
Localities strengthen direction for subordinate management units, focus on removing difficulties and obstacles, speed up implementation progress and disburse management capital well...
HOAI THU - TUAN LAM
Source: https://baoapbac.vn/kinh-te/202507/dong-thap-tang-toc-dau-tu-cong-thuc-day-kinh-te-but-pha-trong-nam-2025-1047567/
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