Public investment “leverage”

The annual public investment capital of Binh Duong is relatively large, requiring speeding up the disbursement and construction progress to promote the efficiency of works and projects. However, the current progress of many projects is slow compared to the plan, although the locality has been making great efforts to remove difficulties and obstacles.

Public investment is likened to "leverage" to socio-economic acceleration and development. In the province, many key public investment projects have been implemented, especially in transport infrastructure, within the province as well as regional linkages. Some dynamic traffic project, such as expansion of National Highway 13, North Tan Uyen - Phu Giao - Bau Bang, My Phuoc - Tan Van, My Phuoc - Bau Bang, bridges and roads connecting with Tay Ninh, Bach Dang 2 bridge connecting with Dong Nai…

Some works and sections of the route have been completed and put into operation, but there are still difficulties and obstacles to the progress for the investor and construction contractor to complete the entire work volume according to the proposed plan.  Difficulties ranging from compensation, site clearance, resettlement to technical infrastructure problems of the power industry... Addressing these barriers, Binh Duong has shown high determination with the establishment of working groups led by provincial leadership together with the participation of leaders of relevant departments and branches. For the past few months, leaders of Provincial Party Committee and Provincial People's Committee have led the delegations, surveyed, and learned about difficulties at the site of construction works and projects to give the closest instructions.

Not stopping there, leaders of Provincial People's Committee proposed to include the content of the progress of public investment in emulation work, asking relevant departments, localities and units to improve their responsibilities and make maximum efforts to public investment ensures progress. Previously, Binh Duong also launched a 50-day peak campaign for public investment. To summarize this peak campaign, the province continues to let investors and localities throughout the province sign emulation agreements to speed up the progress of public investment…

Clearly, Binh Duong has been focusing to the maximum, solving problems in the authority of public investment in a fundamental way, specifically with the goal of completing the set plan by the end of the year. Along with that, Binh Duong has also proposed to the ministries, branches and central agencies in their competence to assist the province in solving many problems of the public investment sector as well as the difficulties of real estate market, social housing… As the difficulties are finally solved, the key public investment projects and works that are guaranteed on schedule, completed and put into operation will bring into full play their maximum functions, becoming "lever" to keep the socio-economic development of the home province.

Reported by Trieu Phong - Translated by Ngoc Huynh