The People’s Committee of Thanh Hoa province has just organized an online conference for the whole province on the implementation of the plan for public investment capital from the state budget for 10 months of 2024.

At the conference, according to a report by the Thanh Hoa Department of Planning and Investment, by October 28, 2024, the disbursement value of the province’s public investment capital in 2024 (including capital from 2022 and 2023 extended to 2024) was VND 9,301.7 billion, equivalent to 65.9% of the plan, 10.8% higher than the same period.

Of this, the investment capital in the local budget balance was VND 6,861.9 billion; central budget capital was VND 1,950.3 billion; capital from provincial budget revenue increase and savings was VND 481.9 billion, and capital supported by the central budget (reserve force capital) was VND 7,542 billion.

If only the 2024 plan is taken into account, the disbursement rate of the whole province is 67.9% of the plan, 15.6% higher than the national disbursement rate (52.29%).

According to a summary by the Ministry of Finance, the estimated disbursement rate for 10 months of 2024 in Thanh Hoa province reached 70.57% of the plan assigned by the Prime Minister and 64.59% of the plan assigned by the province, putting it in the group of provinces and cities with high disbursement rates.

There are 22 investors and localities in Thanh Hoa province with disbursement rates higher than the provincial average. These include 8 provincial departments, branches, units: Provincial Party Committee Office; Provincial People’s Committee Office; Party Committee of the Provincial Bloc of Agencies and Enterprises; Lam Son High School for the Gifted; Department of Industry and Trade; Provincial Public Administration Service Center; Provincial Youth Union; Management Board of Construction Investment Projects of Civil and Industrial Works of Thanh Hoa.

12 People’s Committees of districts including Thanh Hoa city, Sam Son city, Bim Son town, and the districts of Hoang Hoa, Thieu Hoa, Yen Dinh, Nhu Xuan, Tho Xuan, Thach Thanh, Quang Xuong, Quan Hoa, and Ba Thuoc; and 2 other units are the Cooperative Alliance and the Management Board of Ham Rong Historical and Cultural Relic.

Chairman of the Provincial People’s Committee of Thanh Hoa, Do Minh Tuan, chaired the conference.

Thanh Hoa has 80 projects that have disbursed 100% of the plan with a capital of VND 788.934 billion. Specifically: The project to renovate and upgrade the right bank of the Len River, from Co Doi Temple in Chau Loc commune to Do Len Bridge in Dong Loc commune (Hau Loc); The project to expand road C-C3, Hai Hoa tourist area, Nghi Son town; The project to build a database of dams, reservoirs and downstream water level maps of hydropower plants in the province…

However, the progress of some key projects is still very slow, affecting the province’s overall disbursement rate. The progress of preparing dossiers for new projects in Thanh Hoa with a construction period from 2022-2025 is slow, and land clearance in some localities has not met the set targets and plans.

Remarkably, up to now, Thanh Hoa still has 31 investors and localities with lower disbursement rates than the provincial average, such as: Management Board of Agricultural and Rural Development Construction Investment Projects of Thanh Hoa; Management Board of Nghi Son Economic Zone and Industrial Zones of the province; Department of Construction; Department of Education and Training; People’s Committees of districts with Nghi Son town and Nga Son, Dong Son, Nong Cong, and Quan Son districts…

Speaking at the conclusion of the conference, Mr. Do Minh Tuan, Chairman of the Provincial People’s Committee of Thanh Hoa, analyzed and pointed out the shortcomings, limitations, and reasons for the shortcomings and limitations in the implementation of public investment capital disbursement in the past time and requested the levels, branches, and localities to identify them early to overcome them.

Regarding the tasks for the coming time, the Chairman of the Provincial People’s Committee of Thanh Hoa launched a 60-day campaign to accelerate the completion of the disbursement of public investment capital in 2024. The goal is to disburse 100% of the capital assigned by the Government by December 31, 2024, no matter the difficulties and challenges.

In addition, the Chairman of the Provincial People’s Committee of Thanh Hoa emphasized the view that in the implementation process, it is necessary to not be subjective in any situation, to maximize the conditions, and to raise the sense of responsibility to complete the set goals.

At the same time, Mr. Do Minh Tuan, Chairman of the Provincial People’s Committee of Thanh Hoa, assigned the Department of Construction to advise and report to the Provincial People’s Committee on the direction of inspection in the field of construction, focusing on contents such as quality of invitation to bid documents; consulting activities; and quality of construction works.

Unify the policy of adjusting the capital plan from slow-disbursing projects to well-disbursing projects with a need for additional capital, ensuring full disbursement of the assigned capital, and requiring districts, towns, cities, branches, and departments to always raise their sense of responsibility and well perform the assigned tasks.

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