The Ho Chi Minh City People’s Committee Office has issued a notification outlining the conclusions of Vice Chairman Bui Xuan Cuong at a meeting regarding the implementation and disbursement of public investment capital for the first 10 months of 2025. The meeting also addressed measures to accelerate disbursement in the final months of the year.
Ho Chi Minh City People’s Committee directs critical measures to expedite public investment capital disbursement (PHOTO: NGOC QUY).
In 2025, Ho Chi Minh City (post-reorganization) successfully allocated and detailed a total capital of VND 152,241 billion (including both central and local budgets), achieving 128% of the capital assigned by the Prime Minister (VND 118,948 billion).
As of January 4th, the city’s capital disbursement rate for 2025 stood at VND 67,251 billion, reaching 56.5% of the Prime Minister’s allocated plan. This figure surpasses the national average (54.4%) and constitutes 44.2% of the city’s implemented capital plan.
Among the city’s specialized project management boards with substantial 2025 capital allocations (over VND 1,000 billion), 5 out of 10 boards demonstrated superior disbursement rates, exceeding the city’s average of 44.2%.
To ensure the city meets its target of disbursing VND 118,948 billion as mandated by the Prime Minister, the Ho Chi Minh City People’s Committee mandates that leaders of departments, agencies, district People’s Committees, and project investors treat public investment capital disbursement as a critical political task.
Vice Chairman Bui Xuan Cuong instructed the Department of Construction to urgently compile a list of 34 key projects with significant disbursement plans, where contractors commit to 24/7 construction. This list should include projected additional volumes for monitoring. The Department of Construction will then consider facilitating measures like green material lanes and exemptions from road/time restrictions.
Additionally, the city emphasizes expediting compensation and site clearance procedures for large-scale projects requiring substantial compensation disbursement by January 31st, 2026.
Key projects include:
- Component 1: Site clearance for Ring Road 4 – Ho Chi Minh City (Thu Bien Bridge to Saigon River): VND 4,665 billion.
- Component 1: Site clearance for Ho Chi Minh City – Thu Dau Mot – Chon Thanh Expressway (Binh Duong section): VND 3,807 billion.
- Component 6: Compensation, support, and resettlement for Ring Road 3 (Binh Duong section): VND 1,467 billion.
- Dinh Riverbank Embankment (Dien Bien Phu Bridge to Water Plant Bridge): VND 1,150 billion.
- Extended Provincial Road 991 (National Highway 51 to Cai Mep – Thi Vai Port Road): VND 800 billion.
- Upgrade and expansion of Ba Ria – Chau Pha – Hac Dich Road (DT995B): VND 705 billion.
The Ho Chi Minh City People’s Committee calls for the mobilization of the entire political system to closely monitor and regularly inspect implementation. They stress the urgent need for compensation and site clearance to ensure timely handover to contractors, preventing project delays due to land acquisition issues.
All public investment activities, including preparation, capital allocation, project appraisal, approval, site clearance, contractor selection, construction, acceptance, and payment, must proceed urgently and continuously. No delays are permitted due to organizational restructuring, particularly regarding the Land Fund Development Center.
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