Disbursement of public investment capital must be determined, there is no way back

That was the direction of Deputy Secretary of the Provincial Party Committee, Chairman of the People's Committee of Lam Dong province Ho Van Muoi at the in-person and online meeting to remove difficulties and obstacles in handling records and procedures for disbursement of public investment capital in 2025, which took place on the morning of September 23.

The Chairman of the Provincial People's Committee emphasized that there is no way back in disbursing public investment capital. The leaders of the Provincial People's Committee have accompanied the departments, branches, and units every day, every hour. Meanwhile, how much have the departments, branches, units, and localities done? This proves where the responsibility lies now?

Deputy Secretary of the Provincial Party Committee, Chairman of the People's Committee of Lam Dong province Ho Van Muoi emphasized that there is no way back for capital disbursement, so everyone must participate with determination and drastic measures.

At the meeting, the Department of Finance reported on difficulties and obstacles in disbursing investment capital. Many contents on capital transfer; project and construction supervision; and plans to accelerate local budget capital sources were proposed by the Department of Finance.

Department of Finance reports on solutions for transferring capital for projects and works

The units acknowledged that the Department of Finance sometimes failed to fulfill its responsibilities. The capacity and expertise of many officials and civil servants in the public investment sector are still limited. The Investment and Construction Project Management Boards lack initiative and flexibility. Many departments, branches and localities are still passive in resolving difficulties and obstacles in site clearance and disbursement of capital for national target programs.

Representative of Lam Dong State Treasury proposed solutions to speed up disbursement of public investment capital

Representatives of departments, branches, and investment and construction project management boards have proposed many solutions to speed up capital disbursement in the coming time.

Regarding the Tabmis system, the leader of the State Treasury of Lam Dong province said that the unit will closely coordinate with the Department of Finance to adjust data related to sources for disbursement. In case the investor and the Project Management Board still have difficulty in fixing the digital signature, the Treasury will carry out the implementation manually for timely implementation.

“We have arranged for additional staff to work on Saturdays and Sundays to support investors. The Treasury will pay for the completed project as it is completed, avoiding the situation of work piling up at the end of the year,” said the leader of the State Treasury of Lam Dong province.

Director of Investment and Construction Project Management Board No. 1 - Nguyen Thanh Chuong proposed transferring capital for some projects.

Regarding the solution to promote public investment, Director of the Investment and Construction Project Management Board No. 1 - Nguyen Thanh Chuong said: The Board has worked with the Department of Finance and proposed to transfer about 350 billion VND. Of this, about 200 billion VND will be transferred to the regional boards. The remaining capital of 150 billion VND, the unit will review and report to the Department of Finance before September 30 for handling direction".

The representative of the Investment and Construction Project Management Board No. 3 - Ha Sy Son said that the unit will transfer 170 billion VND from the slow-progressing project to projects that absorb capital better. "Currently, there is 70 billion VND from the central capital, the unit proposed to adjust the project until 2026 to transfer the capital. Because, if the project does not increase the total investment but only adjusts the project, it will be under the authority of the Provincial People's Committee. As for the 100 billion VND from local capital, the Board has worked specifically with the Department of Finance to reach an agreement," said Mr. Son.

Provincial leaders, departments and branches listened to the representative of the Investment and Construction Project Management Board No. 3 present proposals on solutions to promote public investment.

Regarding solutions to promote public investment, Vice Chairman of the Provincial People's Committee Vo Ngoc Hiep emphasized: Up to this point, difficulties in documents, procedures, and human resources have been basically resolved. Now, the Department of Finance is promptly advising the Provincial People's Committee on the issue of receiving and allocating capital sources.

Vice Chairman of the Provincial People's Committee Vo Ngoc Hiep requested the Department of Finance to promptly advise the Provincial People's Committee on the issue of receiving and allocating capital sources.

“For any project or construction, the province will approve it. We do not wait for all approvals at the same time, which will delay the time. During the implementation process, wherever there are difficulties, we will resolve them. On the part of the Project Management Board, the units are proactive and flexible in the implementation process,” emphasized Vice Chairman of the Provincial People’s Committee Vo Ngoc Hiep.

Concluding the meeting, the Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People's Committee emphasized that regarding the disbursement of public investment capital, the leaders of the Provincial People's Committee have directed and taken drastic measures, but the results have not been as expected. From now on, the departments, branches, and the Project Management Board have determined that the biggest political task of the Lam Dong Provincial People's Committee from now until the end of the year is to disburse public investment capital.

Deputy Secretary of the Provincial Party Committee, Chairman of the People's Committee of Lam Dong province Ho Van Muoi directed that before September 30, 2025, departments, branches, and Project Management Boards that do not fulfill their commitments at the meeting will be responsible before the Provincial People's Committee.

“Before September 30, 2025, the issues that the departments, branches, and Project Management Boards committed to at today's meeting, if not completed, will have to be held responsible before the Provincial People's Committee. The situation is very difficult, but we cannot accept the disbursement results being near the bottom of the country. The units should see where their personnel structure is weak, and from there, flexibly arrange. Avoid the situation of not having enough people or methods, leading to work stagnation,” Chairman of the Provincial People's Committee Ho Van Muoi directed.

As of September 22, 2025, Lam Dong has disbursed 5,400 billion VND. Compared to the 2025 public investment plan, the locality has disbursed over 29%.

Source: https://baolamdong.vn/giai-ngan-von-dau-tu-cong-phai-quyet-tam-khong-con-duong-lui-392733.html