Disaster prevention and control projects are given priority for additional funding to speed up progress. Photo: Ngoc Hieu

Adjust capital plan

At the end of 2024, the Provincial People's Council (now Hue City) issued a resolution on assigning the 2025 capital investment plan. After the resolution took effect, the City People's Committee organized its implementation. Up to now, based on the review of the progress of the projects, the City People's Committee has submitted to the People's Council for approval the adjustment and assignment of the 2025 capital plan from the local budget. Accordingly, the adjusted capital is 131.2 billion VND for projects with low disbursement progress, completed tasks and projects, no longer in need of capital, and timely capital supplementation for projects that have completed investment procedures, important and urgent projects.

From land use revenue, the city also adjusted down 47.8 billion VND for completed projects that no longer need capital; projects with long-term site clearance problems that have not been fully disbursed... At the same time, adjusted up 47.8 billion VND to implement projects completed in 2025 such as: Road connecting from National Highway 1A to Bach Ma National Park, Phu Loc district (old); Technical infrastructure of Tan To resettlement area...

From the revenue from visiting relics, the city also adjusted down 58.4 billion VND for the task of refunding the local budget due to no need to make refunds according to the actual payment value of the advanced capital to the projects: Preservation and restoration of Hung Mieu relic; Preservation and adaptation of Quoc Tu Giam relic - Hue Citadel and Project of Restoration, restoration and adaptation of Van Mieu relic (phase 1) have completed investment procedures and the projects have completed settlement procedures.

Commit to disbursement progress for each task and project

Along with adjusting the capital plan from projects with slow disbursement progress to projects with good disbursement capacity, the City People's Committee also submitted to the City People's Council to assign the 2025 capital plan from the local budget with an amount of 30,426 billion VND to projects that have completed investment approval, ensuring the conditions for assigning capital plans according to regulations and the City People's Council has agreed on the allocation plan.

Of which, 8 billion VND of investment capital from land use revenue is assigned to implement the project of Upgrading and renovating the Sia - Mai Duong route. From the excess revenue from the 2023 lottery with an amount of 7.4 billion VND is assigned to the project of the Subject Building Block of Thuy Duong Secondary School. The excess revenue from the city budget in 2024 with an amount of 9.542 billion VND is also assigned to implement the project of Upgrading and expanding Provincial Road 9 through Phong Dien Industrial Park and component projects of the Digital Transformation Project implemented in the period of 2024 - 2025...

Along with solutions in adjusting capital and assigning additional capital plans to ensure 100% completion of capital plans, the city is also very determined in implementing operational solutions.

The leaders of the Department of Finance informed that the City People's Committee has requested agencies, departments, branches, and investors to develop implementation plans and commit to disbursement progress for each task and project under the 2025 public investment plan. Focus on urging, inspecting, and supervising investors and contractors to speed up procedures, promptly remove difficulties and obstacles, especially those related to site clearance, compensation, support, and resettlement to speed up the disbursement of public investment capital. Strengthen discipline and order in disbursement of public investment capital; have strict sanctions according to legal regulations for investors, project management boards, and individuals who intentionally delay the progress of handing over and disbursing public investment capital.

Hoang Anh

Source: https://huengaynay.vn/kinh-te/linh-hoat-trong-dieu-chinh-ke-hoach-von-dau-tu-cong-158295.html