For 2024, the total public investment capital in Quang Nam province is nearly VND 8,900 billion, including capital carried over from 2023 and new capital allocated for 2024.
As of July 31, Quang Nam province had disbursed over VND 2,600 billion in public investment capital, achieving nearly 30%, which is below the national average of 34.68%. In mid-August, the People’s Committee of Quang Nam province established five working groups to inspect, urge, and resolve difficulties and obstacles to accelerate the disbursement of public investment capital and the Program for Recovery and Socio-economic Development in 2024.
The shortage of fill material has caused delays in the implementation of transportation projects.
Many key projects in Quang Nam province are behind schedule.
Mr. Le Van Dung, Chairman of the People’s Committee of Quang Nam province, requested that investors make detailed disbursement plans for each project on a monthly basis for monitoring and supervision, strictly adhering to the disbursement plan; regularly inspect and supervise the construction sites, and promptly propose solutions to address difficulties and obstacles.
Emphasizing the need for strong efforts to address the delays, the Chairman of the Provincial People’s Committee of Quang Nam pointed out that many projects have been under construction for years, and a bridge that has been under construction for seven years has not been completed, making disbursement challenging. One of the most challenging issues is the shortage of minerals for construction materials, such as fill material, sand, and gravel. If we cannot resolve this issue, it will be difficult to implement the projects and achieve disbursement targets.”
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