The Chairman of the People’s Committee of Ho Chi Minh City has recently issued a Decision on the Action Program to promote capital disbursement for public investment in 2024.
HCMC identifies the disbursement of public investment as the key political mission of party committees and authorities in 2024, aiming to promote economic growth and achieve the highest level of socio-economic development goals in 2024.
Dealing with units with low disbursement rate
The goal is to remove difficulties, accelerate the progress of investment procedures, compensation and site clearance work, and implement key projects, infrastructure, urban transportation projects, and promote the disbursement of public investment.
Implement resolute and coordinated measures, timely remove barriers, difficulties, and obstacles to accelerate the implementation progress and disbursement of public investment, striving to achieve a disbursement target of 95% or higher in 2024.
At the same time, strengthen discipline, decentralization, authorization, and administrative procedure reform in the implementation of investment procedures, management, and administration of public investment in the city.
HCMC launches an action program on public investment. In the picture: Line 3 Belt Road under construction in Thu Duc City
The Department of Planning and Investment is assigned the task of advising on dealing with agencies and units that are not fully complying with reporting regulations.
Specifically, units that fail to submit reports for 2 consecutive periods or for 3 periods will be reprimanded; units that fail to submit reports for 3 consecutive periods or for 4 periods will be warned. In case of violation of reporting regulations, public investment projects are only allocated and disbursed after being subject to penalties.
The Department of Home Affairs coordinates with the Department of Planning and Investment, the Department of Natural Resources and Environment, and the State Treasury of the city to monthly advise on criticism, reprimand, discipline for the collective and individuals in charge of agencies, units, and localities under the city with low disbursement rates.
Taking the lead in evaluating the emulation of units according to the evaluation criteria, reviewing the emulation in 2024 based on the results of public investment disbursement in 2024; proposing forms of rewards for collectives and leaders with outstanding achievements, deducting points for collectives with disbursement rates below the assigned plan.
Emphasizing the responsibility of leaders
The action program of HCMC emphasizes that the city’s departments and agencies need to improve their capacity, enhance their sense of responsibility, set examples, and promote the role of leaders in guiding and directing the implementation of projects and the disbursement of public investment.
Shorten at least 30% of the time for handling procedures of investment appraisal, project approval, contractor selection plan, construction design – estimate drawings; avoid the situation of multiple appraisal rounds, affecting the implementation progress and disbursement of projects.
The districts, towns, and Thu Duc City implement strict measures to sanction and strictly handle investors, project management boards, organizations, individuals deliberately causing difficulties, hindrances, delays in capital allocation, implementation, and disbursement; promptly replace officials, public servants, and staff members with low capacity, stagnant, causing disturbances, negative impacts; resolutely handle negative behaviors in the management of public investment.
The Secretary of the Party Committee and the Chairman of Thủ Đức City’s People’s Committee; the Secretary of district and town party committee and the Chairman of 21 district and town’s People’s Committee concentrate on directing the departments, units, and project management boards to closely cooperate with the Compensation and Site Clearance Board of localities in resolving issues related to compensation, site clearance of each project under their jurisdiction.
Strictly adhere to discipline and regulations
Project investors must strictly adhere to discipline and regulations in implementing the task of disbursement of public investment; focus on completing investment and construction procedures; resolve difficulties; continue the spirit of the 60-day peak emulation campaign for the disbursement of public investment, accelerate the disbursement of public investment from the beginning of 2024.
For transitional projects: make efforts to disburse 100% of the allocated capital. For projects that are favorable in terms of land and construction conditions, it is necessary to speed up the progress to absorb more capital.
Ensure the disbursement rate for the entire year of 2024 reaches 95% or higher according to the Disbursement Plan that the heads of the units have committed to with the People’s Committee of Ho Chi Minh City.
