The Standing Committee of the People’s Council of Đắk Lắk Province has issued conclusions on the results of its thematic supervision of the implementation of the medium-term public investment plan for the 2021-2025 period.
There are a total of 506 public investment projects in the 2021-2025 period, including new and ongoing ones. The central budget covers 59 projects, while the local budget covers 447 projects.
The total capital allocation for this period exceeds VND 18,000 billion. The central government allocates a balanced VND 4,857 billion, with the remainder coming from local sources. So far, the province has allocated 361 out of 506 projects, and approximately 284 projects have been completed and put into use.
The Standing Committee of the Provincial People’s Council of Đắk Lắk assessed that the process of implementing public investment projects in this period still has many limitations. Specifically, the medium-term public investment plan for 2021-2025 has not closely followed the socio-economic development situation of the province; some projects are inconsistent with related plans.
There are inadequacies in the capital allocation structure of the medium-term public investment plan by sector, such as transportation accounting for 37.77%; agriculture and rural areas 33.80%; education and training 4.51%; and health and social sectors 5.56%.
The investment projects are still scattered and lack focus, failing to create a driving force for connecting and promoting socio-economic development in the province.
Many public investment projects in Đắk Lắk are behind schedule. |
Forecasting and determining the sources of public investment capital in Đắk Lắk is unrealistic. This has led to shortfalls in budget revenues from land use, requiring adjustments to the medium-term and annual public investment plans multiple times (6 adjustments to the medium-term plan, 5 adjustments to the annual plan, and 15 adjustments to the national target programs).
The detailed allocation of annual public investment capital is slow. The detailed breakdown and transfer of capital for the implementation of programs, projects, and the large amount of capital requested for transfer, especially for the National Target Programs. The arrangement of counterpart funds for the National Target Programs has not met the prescribed ratio.
Specifically, in 2023, the local budget counterpart for the National Target Program for socio-economic development in ethnic minority and mountainous areas was VND 35 billion, lower than the minimum required amount of VND 50.549 billion. Temporary advances and recovery of temporary advances have not been fully settled; there are still cases of arrears in construction investment (in 2021: VND 44.785 billion; in 2023: VND 11.1 billion).
The disbursement results of the annual public investment plan are slow and have not met the set requirements. The progress of implementing projects, sub-projects, and disbursement of the National Target Programs is very slow, and the disbursement rate is low. Some projects using ODA and preferential loans are behind schedule, with low disbursement rates.
Yên Ngựa Water Reservoir Project, Phase 1 (adjusted 3 times), is still incomplete. |
The appraisal and approval of feasibility study reports and proposal reports on investment policies are inaccurate in terms of scale and total investment, especially in site clearance compensation costs, leading to adjustments, supplements, or cuts and suspension of projects, resulting in prolonged construction and ineffective use of allocated capital.
The implementation of investment procedures and project adjustments is slow and prolonged; the planning and implementation of procedures for sand mines affect the progress of project implementation; some projects have to adjust investment policies and project adjustments multiple times, delaying the progress of capital plan implementation and disbursement.
Some ongoing projects, invested in the previous period, have not been completed and put into use; some projects have been implemented but are not included in the medium-term public investment plan for 2021-2025 and are not allocated capital.
Huynh Thuy
– 05:50 05/08/2025
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