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In 2020, provincial People's Committee implemented many solutions to speed up the progress of construction of key projects, upholding their pervasive efficiency after investment. This year, the province has determined that strengthening disbursement of public investment capital is a key political task. The province will drastically implement synchronous solutions, striving to achieve a target of disbursing public investment capital for 2021 and the 2021-2025 period.

Upholding efficiency

In 2020, Binh Duong started 85 projects, completed and put 55 others into use. Among them, there were a number of key projects such as Bach Dang 2 bridge over Dong Nai river, road and bridge connecting Binh Duong and Tay Ninh, the North-South 3 road, the South Binh Duong water environment improvement project of phase 2...

Mai Ba Truoc, Director of provincial Department of Planning and Investment said that right from the beginning of 2020, provincial People's Committee promptly assigned the local plan on public investment, creating conditions for investors to implement projects. In addition, provincial People's Committee reviewed 2019’s public investment residual capital sources and other additional sources to arrange capital for projects preparing for investment in the period of 2021-2025. Provincial People's Committee also flexibly added capital to district-level projects that completed investment preparation procedures, started construction to speed up the disbursement progress of the local public investment plan in 2020. “In addition, provincial People's Committee has regularly organized online meetings with departments, sectors, investors and held field surveys in order to promptly grasp and remove difficulties while proposing solutions to improve the responsibilities of units in speeding up disbursement of public investment capital. For central budget capital, the province has reported the progress of implementation and requested the Ministry of Planning and Investment to reduce capital under the direction of the Prime Minister. In addition, the province has directed investors to urgently complete investment preparation procedures, focus on implementing solutions to speed up the progress of key projects and uphold their pervasive efficiency after investment ", Mr. Truoc said.

Speeding ​​up implementation

Although absolute disbursement value in 2020 was more than VND10.5 trillion, the rate of disbursement was lower than that of the previous years. The disbursed central budget capital that did meet the plan must be proposed for reduction. Some projects had to adjust their execution time to the next medium term. Under the plan for 2020, the province had 41 key projects with a total capital of more than VND5.71billion, accounting for 39.8% of the local State budget capital. Disbursement value was more than VND3.95 trillion, reaching 69.2% of the plan. Some projects were given priority to get large capital, but their capital disbursement rate was lower than the set plan.

Regarding compensation and site clearance, the province last year had 11 projects with total allocated capital of more than VND 1.31 trillion, accounting for 17.9% of the local plan on State budget capital. Disbursement value was more than VND1.16 trillion, reaching 88.8% of the plan. Some compensation projects lasted for many years, due to the need to settle people’s complaints about compensation prices and policies on resettlement support. After relevant complaints were settled, the new land price list was issued. This increased the cost of compensation and site clearance, leading to the adjustment of total investment and progress of construction of projects. For example, the overall project of compensation, support and resettlement of My Phuoc - Tan Van expressway towards My Phuoc II and III Industrial Parks exceeded over total investment. The project on site clearance to upgrade and expand DT743 road from Mieu Ong Cu crossroads to Song Than intersection had to adjust the time for implementation....

Besides, consulting work for setting up a number of projects did not reach high quality and must be edited for many times. A number of projects changed items during the process of construction, leading to the adjustment of policy, prolonging the time for implementation and having inability to disburse capital under the plan…

Synchronous solutions

In order to achieve the local public investment plan for 2021, the province has determined that promoting public investment capital disbursement is a key political task of the year for Party organizations, authorities at all levels. Departments, sectors, localities and investors have drastically and synchronously implemented provincial People's Committee’s instructions on public investment, striving to fulfill the local public investment plan in 2021 and the period of 2021-2025.

Provincial People's Committee said that 2021 is the first year of the medium-term public investment plan from 2021-2025, departments, sectors, localities and investors need to mobilize all resources to complete works and projects under the set plans; continue effectively applying solutions implemented in the period of 2016-2020. Construction units focus on completing procedures for acceptance and payment of capital; bend on disbursing capital for key projects and works that can be completed and put into use in 2021 and the period of 2021 -2025, cut capital and blame for relevant individuals and units involved in projects with low capital disbursement.

Departments, sectors, localities and investors must set up the plan on the progress of construction in association with the plan on capital disbursement for each project, report them to provincial People's Committee, Department of Planning and Investment, and relevant agencies to jointly implement, opportunely grasp and solve difficulties in the process of implementation. This is an important solution for investors to be responsible for disbursing all registered capital. Provincial People's Committee will strictly deal with investors who fail to set up plans or develop plans, but fail to perform them.

It is known that the province’s public investment capital adjusted in 2020 under the decisions of the Prime Minister and resolutions of provincial People's Council, including capital from central and local State budget was more than VND14.6 trillion. As of January 31, 2021, disbursement value was more than VND 10.5 trillion, or 98.1% of the plan assigned by the Ministry of Planning and Investment, 72.3% of the adjusted plan and 79.5% of the plan assigned by provincial People's Committee at the beginning of the year.

Reported by Phuong Le-Translated by K.T