Putting more effort into the 2018 public investment plan

It was the target of provincial People's Committee at the conference on public investment 2017 on 7 March. Accordingly, in order to ensure the plan for public investment in 2018, provincial People's Committee put forward a number of tasks and solutions, such as the implementation of Directive No. 06 / CT-UBND dated 26 Jan 2018 of provincial People's Committee on the implementation of the public investment plan 2018; performance and disbursement to reach targets of the public investment plan 2018; review, advise and adjust the medium-term public investment plan for the period 2016-2020 in line with the capacity of balancing capital sources and the progress of provincial key projects.

Speaking at the meeting, Tran Thanh Liem, Chairman of provincial People's Committee, suggested departments, agencies should strengthen accountability and collaboration; raise the disbursement rate in 2018 to over 90%. Besides, it was necessary to pay attention to implementation and disbursement of key projects; reasonable allocation of funds for projects; more active and flexible in the clearance and compensation. Investors cooperated with the supervision consultant to closely follow the works, speed up the construction progress, check and take over, and complete payment procedures to disburse public investment capital timely ...

In 2017, provincial Party Committee and People's Committee drastically directed the development of public investment plans so that the situation of implementation and disbursement by the end of the year changed positively. In 2017, the province's total public investment budget was VND7,314,318 million, up to 31 Dec 2017, and disbursed VND5,809,271 million, or 79.4% of the plan.

Reported by Phuong Le – Translated by Ngoc Huynh

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