Da Nang speeds up project progress, promotes disbursement of public investment capital

Da Nang has identified the key task in the last months of 2025 as accelerating the disbursement of public investment capital, associated with accelerating the progress of site clearance for projects. Currently, many key projects are being accelerated, which is a necessary condition to soon complete the disbursement target.

Construction of Lien Chieu Port Connecting Road Project. Photo: THANH LAN

Positive change

According to the General Statistics Office, in August 2025, the disbursement and implementation of investment capital from the state budget managed by localities continued to record positive changes, creating momentum to promote economic growth, while improving the efficiency of budget use and improving the investment environment in localities.

Basically, works and projects using state budget capital managed by localities are implemented according to plan, construction progress is gradually ensured and construction quality is increasingly improved.

Specifically, in August, the investment capital implemented from the state budget is estimated at 1,473.5 billion VND, up 14.2% over the previous month. Of which, the provincial state budget capital is estimated at 1,453.9 billion VND, up 14.1% over the previous month; the commune state budget capital is estimated at 19.6 billion VND, up 18.3%.

Many key projects and works with large investment capital of the city were newly started in August such as: Renovating the drainage system and burying information cables; lighting on 4 inner-city roads; preventing erosion and sustainably protecting Hoi An's coastline; Tay Giang Commune Primary and Secondary Boarding School; Modernization project of the Security and Order Command Center; Intelligent Traffic Control Monitoring System project; Network Security Monitoring and Operation Center project...

Construction of Lien Chieu Port Project - shared infrastructure part. Photo: THANH LAN

In the first 8 months of 2025, the investment capital implemented from the state budget managed by localities is estimated at VND 9,218 billion, equal to 54.6% of the assigned capital plan and up 9.2% over the same period last year. Of which, the investment capital managed by the provincial level is estimated at VND 9,022.3 billion, up 9.9% over the same period, reaching 54.3% of the assigned capital plan and the capital managed by the commune level is estimated at VND 195.7 billion, equal to 66.6% of the plan.

This result was achieved thanks to the close leadership and direction of the City Party Committee and People's Committee, the initiative and responsibility of investors as well as the coordinated efforts of management and construction units in the area.

However, the implementation of public investment capital still has some limitations and shortcomings such as: the construction market has many fluctuations, labor and material prices have increased dramatically (sand, stone...) causing many contractors to face many financial difficulties, leading to a state of slow construction. This not only slows down the progress of project completion but also directly affects the disbursement rate of public investment capital in the whole city.

According to the General Statistics Office, in order to effectively use public investment capital in the coming time, the city needs to continue to synchronously deploy solutions: remove obstacles in site clearance; flexibly manage capital allocation and disbursement according to the actual implementation progress of each project; closely coordinate with central and local ministries, branches to promptly handle difficulties and problems related to mechanisms and policies...

Speed ​​up progress of key projects

In August, taking advantage of favorable weather, contractors and construction units focused on human resources and machinery to speed up the progress of many key and dynamic projects of the city.

The National Highway 1 overpass and railway of the Lien Chieu Port Connecting Road project have been basically completed. Photo: THANH LAN

At the Lien Chieu port construction project site, the working atmosphere is always bustling from early morning to late afternoon. The system of motor vehicles, excavators, and bulldozers operates continuously, serving the construction of technical infrastructure and breakwaters.

According to a representative of the Management Board of Priority Infrastructure Investment Projects of Da Nang City, with favorable weather, the construction volume in August increased significantly, creating an important premise for the project to reach the year-end progress milestone.

The Lien Chieu Port Construction Investment Project - a shared infrastructure part with a total investment of nearly VND 3,430 billion from the central and local budgets, started construction in December 2022 and is expected to be completed by the end of 2025.

The project includes items such as breakwaters, shipping channels, and port access roads to create a common infrastructure foundation for future port development. The cumulative implementation value by the end of August 2025 reached nearly VND 2,900 billion, equivalent to 84.5% of the total investment.

At the same time, the Lien Chieu Port Connection Road project is also being accelerated by contractors. This route is of great significance, helping to complete the transport infrastructure serving port exploitation, while opening up new development space for the northwest area of ​​the city.

The construction unit is speeding up the construction progress of Lien Chieu port. Photo: THANH LAN

Dry weather has helped the work of paving stones, pouring concrete on the roadbed and installing the drainage system go smoothly, reducing the risk of delays compared to the plan.

By the end of August, the estimated realized value reached nearly 700 billion VND, equal to 57.7% of the total project investment; of which the realized value from the beginning of the year to the end of August was estimated at 262 billion VND, equal to 74.1% of the plan assigned for the year. This is also a key project to synchronize with the investment project to build Lien Chieu port...

Director of the Management Board of Priority Infrastructure Investment Projects of Da Nang City Le Thanh Hung (investor of the above two projects) said that recently, the contractor has mobilized hundreds of workers and mechanical equipment to work across shifts and holidays to achieve the highest progress before the Central region enters the rainy and stormy season.

In the health sector, the Lien Chieu Medical Center project (phase 2) also recorded positive construction progress. The main building, technical area and auxiliary infrastructure items are being deployed simultaneously. The contractor representative said that stable weather conditions have helped the construction of structural and finishing items to take place safely, without being interrupted by storms.

The project's implementation value from the start of construction to August is estimated at nearly VND 280 billion, equal to 60.8% of the total investment; in 2025 alone, the implementation value is estimated at VND 156 billion, equal to 74.3% of the assigned capital plan...

In addition, the Hoi An Coastal Erosion Prevention and Sustainable Coastal Protection Project has a total investment of more than VND980 billion (equivalent to 42 million euros). Of which, the loan capital from the French Development Agency (AFD) is nearly VND810 billion; non-refundable aid from the WARM fund authorized by the European Union (EU) is VND46.5 billion; and counterpart capital from the local budget is nearly VND128 billion.

Some items are being vigorously deployed in the Lien Chieu Port Construction project. Photo: THANH LAN

The project, which will start construction in March 2025, includes two components. Component 1 invests in building infrastructure from the river mouth of the wharf section to Cu Lao Cham along the North to the northern edge of Victoria Hotel, about 3.3km long.

In 2025, the project will be allocated nearly 400 billion VND from ODA capital. The project implementation volume as of the end of August is estimated at 188.6 billion VND, equal to 47.5% of the capital plan assigned for the year and 19.2% of the total investment.

The project to complete coastal road 129 (Vo Chi Cong road) connecting the regions between Da Nang - Hoi An - Chu Lai - Quang Ngai alone has a total investment of more than 2,000 billion VND (central budget more than 1,500 billion VND; local budget nearly 500 billion VND). It is estimated that by the end of August, the implemented value will reach 255 billion VND, equal to 33% of the planned capital assigned for the year and 12.4% of the total investment.

Accelerating the project progress in August not only helps make up for the time affected by the previous rainy season, but also creates momentum for the projects to be completed on schedule, accelerates the disbursement of public investment capital, and contributes to promoting the city's socio-economic development. In the context of Da Nang focusing resources on building strategic infrastructure, these efforts are important, meeting the expectations of the government and the people.

According to the Department of Finance, in the first 8 months of 2025 (up to July 21, 2025), the city has newly issued business registration certificates to 4,326 enterprises, branches and representative offices, with a total registered charter capital of more than VND 18,373 billion, an increase of 21.14% in the number of enterprises and an increase of 42.31% in capital compared to the same period in 2024. To date, there are 46,618 enterprises, branches and representative offices in operation in the city with a total registered capital of VND 328,388 billion.

Source: https://baodanang.vn/da-nang-day-nhanh-tien-do-du-an-thuc-day-giai-ngan-von-dau-tu-cong-3301283.html