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Dong Xoai meeting to discuss solutions to speed up disbursement of public investment capital
On the afternoon of September 5, Chairman of the City Peoples Committee Nguyen Minh Binh, chaired a meeting to listen to the Finance and Planning Department and agencies and units reporting on the disbursement of public investment capital in 2022 and developing a plan. public investment capital allocation in 2023.

Chairman of the City People's Committee Nguyen Minh Binh chaired the meeting.

According to the report of the Department of Finance and Planning, the total adjusted capital construction investment plan managed by the city is 498 billion 170 million dong. Including the provincial budget allocated to the investor city: 137 billion 189 million VND, arranged for 04 transitional works and 02 new investment projects; Investment capital from the local budget is 360 billion 981 million VND, allocated to 56 works and some other contents. As of July 31, 2022, disbursement of capital construction investment is 81 billion 279 million VND, reaching 16% of the plan assigned by the province. In which, the provincial budget allocated to the city as an investor has been disbursed 52 billion 205 million dong, reaching 38% of the plan assigned by the province; Capital construction investment capital from the city budget, disbursed 29 billion 074 million dong, reaching 8% of the plan assigned by the city.

The reason for the low disbursement of public investment capital is due to the impact of the Covid-19 epidemic, the situation of collecting land use fees among the people facing many difficulties, affecting the disbursed capital; In some transitional works, the winning bidders are in the process of doing the construction while waiting for the material price to decrease; some new investment projects in 2022 are slow to be approved because of the new tax policy; Some traffic projects, when implemented in the form of mobilizing people to donate land, have not yet cleared the ground, so construction cannot be carried out. In addition, some works have limited capacity of consulting contractors, leading to the work having to be modified and adjusted during project implementation, affecting the construction progress; Some construction contractors have limited financial capacity and human resources, and construction takes longer than the contract, and there is no disbursement volume.

At the meeting, after listening to the agencies and units, especially the units assigned to be the investors of the works and projects, report and explain to clarify a number of existing issues, limitations, and at the same time analyze the situation. analyze the causes to agree on some solutions to speed up the disbursement of public investment capital in 2022. Strive to December 31, 2022 Disbursement of capital construction investment in the whole city will be 427 billion 920 million VND, reaching 86% of the capital plan arranged in 2022.



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