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Expediting the Ky Lo Bridge construction on the Quy Nhon-Chi Thanh Expressway, An Dinh, Tuy An, Phu Yen Province. (Photo: Vu Sinh/VNA)
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The Ministry of Finance has recently reported to the Prime Minister on the progress of the working session led by the Minister of Finance with three provinces: Binh Dinh, Phu Yen, and Khanh Hoa, regarding the disbursement of public investment capital.
The Ministry of Finance requested the People’s Committees of Phu Yen, Binh Dinh, and Khanh Hoa provinces to direct their authorities to actively and urgently accelerate the disbursement of public investment capital for 2024 to ensure the achievement of set goals.
To meet the national target of disbursing over 95% of the planned public investment capital for 2024, the Ministry of Finance urged the three provinces to vigorously implement and demonstrate the highest sense of responsibility, mobilizing the entire political system to expedite land clearance for key national projects and priority transport projects as directed by the Prime Minister.
As of the end of August 2024, Binh Dinh province disbursed 4,676.795 billion VND, achieving 59.45% of the plan assigned by the Prime Minister and 49.69% of the total plan.
Phu Yen province disbursed 926 billion VND, reaching 22.86% of the plan assigned by the Prime Minister and 18.76% of the total plan.
Khanh Hoa province disbursed over 2,317.9 billion VND, accounting for over 28% of the total plan.
The Ministry of Finance acknowledged the positive progress in disbursement among the three localities, with Binh Dinh province consistently maintaining its leading position in disbursement rates over the years.
Phu Yen and Khanh Hoa provinces, however, fell into the group of localities with lower disbursement rates compared to the national average.
Regarding collaboration for key transport projects, the report stated that all three localities have been proactive in implementing the projects. Notably, Phu Yen province ensured the complete site handover for the North-South Expressway project phase 2021-2025, specifically the Cam Lam-Vinh Hao section in Khanh Hoa province, which was completed and opened to traffic on April 26, 2024.
In 2024, Binh Dinh province’s total public investment capital plan amounts to over 9,410.6 billion VND (including over 7,865.6 billion VND assigned by the Prime Minister). Phu Yen province’s plan stands at over 4,935.6 billion VND (including over 4,050.6 billion VND assigned by the Prime Minister). Khanh Hoa province’s plan, as assigned by the Prime Minister, is over 8,269.1 billion VND.
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