Phu Tho promotes disbursement of public investment capital, promoting comprehensive growth

With high political determination and close direction of the Provincial People's Committee, the disbursement of public investment capital in the province in recent times has achieved outstanding results, creating a strong driving force for local socio-economic development.

According to the Provincial Statistics report, by the end of September 2025, the disbursement results of the province's public investment capital plan reached 74.4% of the plan assigned by the Prime Minister , contributing to accelerating the construction progress of key works and projects in the area. As a result, the total investment capital implemented in the province is estimated at over 104 trillion VND, an increase of 19.8% over the same period last year. In the third quarter of 2025 alone, the development investment capital in the area is estimated at 41.8 trillion VND, an increase of 20% over the second quarter and 26.9% over the same period in 2024.

The Tan Hoa Ward School Cluster Project is built from public investment capital and is expected to be completed in the fourth quarter of 2025.

The above results show Phu Tho's efforts in proactively arranging, operating and effectively using public investment capital, while affirming the role of this sector in stimulating social investment and creating momentum for local economic growth. In addition to key industrial and transport infrastructure projects, a prominent highlight in the province's public investment is the education sector. In Tan Hoa ward, Phu Tho province is implementing a large-scale synchronous school cluster project, including kindergarten, primary and secondary schools. The project is invested from public investment capital combined with socialization with a system of high-rise buildings, boarding kitchens, multi-purpose houses and green campuses. This is one of the first model educational works built according to the synchronous school cluster model, meeting the needs of high-quality learning. Although some items are still facing difficulties in progress, the project is considered a breakthrough in educational infrastructure, contributing to modernizing the school network and improving the quality of education and training in the locality.

The Da Bac - Tien Phong route, once completed, will form a strategic traffic axis serving the economic and tourism development of the lakeside area.

Not only stopping at the urban center, public investment capital is also strongly directed to difficult and mountainous areas. In the mountainous commune of Tien Phong, many key projects are being implemented synchronously. These include the Hoa Binh - Moc Chau expressway section passing through the commune and the inter-commune road Hien Luong - Vay Nua - Tien Phong, now in the communes of Da Bac and Tien Phong after implementing the 2-level government model. This regional connecting route has a total investment of about 400 billion VND, passing through the communes along Hoa Binh lake. This route will connect with important traffic axes and community tourism spots to form a strategic traffic axis serving the economic and tourism development of the lakeside area. Up to now, the site clearance work has completed the inventory of assets of 305/305 households. During the project implementation process, the people have also basically agreed, creating conditions for the contractor to construct. When completed, the route will help shorten travel time, reduce costs of transporting agricultural and aquatic products, and open up opportunities for developing community tourism and commerce along Hoa Binh Lake.

Construction units are focusing on modern machinery and equipment to speed up the construction progress of traffic infrastructure projects connecting the Hoa Binh reservoir area, which are being deployed from public investment capital.

According to experts' assessment, maintaining a fast disbursement rate and a reasonable investment capital structure not only demonstrates the flexible management capacity of local authorities, but also proves the transparent and effective investment environment of Phu Tho province. Entering the fourth quarter of 2025, the Provincial People's Committee continues to identify promoting the disbursement of public investment capital as a key task, requiring departments, branches and sectors to review and promptly remove obstacles in site clearance, investment procedures and payment, and at the same time apply digital transformation in project management to save time and improve disbursement efficiency. With positive growth momentum and a spirit of determination and creativity in direction and management, Phu Tho is aiming to disburse over 95% of the capital plan for 2025, contributing to the successful implementation of socio-economic development targets in 2025, making the locality a dynamic economic center of the Northern Midlands and Mountains region.

Manh Hung

Source: https://baophutho.vn/phu-tho-day-manh-giai-ngan-von-dau-tu-cong-thuc-day-tang-truong-toan-dien-240928.htm