Challenges of disbursing public investment capital

Workers constructing the Bien Hoa Ward Central Axis Road Project. Photo: Pham Tung

Capital disbursement rate remains modest

In 2025, the total planned public investment capital in the province is more than 36.5 trillion VND. Of which, the total capital source assigned by the Prime Minister is nearly 32 trillion VND.

According to the Department of Finance, by the end of September, the total public investment capital disbursed in the province reached nearly 13 trillion VND, reaching more than 36% of the capital plan assigned by the province and more than 40% of the capital plan assigned by the Prime Minister. In case of not counting the capital plan of more than 9.2 trillion VND including more than 8 trillion VND of the North-South Expressway Project, West section Gia Nghia - Chon Thanh ( the National Assembly allowed to extend the disbursement period until the end of 2026) and 1.2 trillion VND of newly assigned additional planned capital, the capital disbursement rate according to the capital plan assigned by the Prime Minister reached 57% of the plan.

Thus, if calculated according to the capital plan assigned by the Prime Minister and not counting the capital source of more than VND 9.2 trillion for the North-South Expressway Project, the Gia Nghia - Chon Thanh section, the newly assigned additional planned capital source, in less than 3 months remaining in 2025, Dong Nai province must disburse more than VND 9.7 trillion. Thereby, completing the target of disbursing 100% of the public investment capital plan in 2025 assigned by the Prime Minister.

However, completing this goal is facing many challenges as the progress of public investment disbursement in September is showing signs of slowing down.

Deputy Director of the Department of Finance Tran Anh Tu said: In the last 20 days of September 2025, the total disbursed public investment capital in the province only reached more than 1 trillion VND, accounting for more than 3% of the capital plan. During this period, the unit with the highest disbursement value was the Project Management Board of Region 6 with disbursed capital reaching more than 544 billion VND. There were 12 units that had not disbursed during this period. The data shows that the disbursement speed of investors is still very slow.

Assessing the disbursement rate of public investment capital in the last 20 days of September 2025, Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee Vo Tan Duc said: The disbursement of capital only reached more than 3% of the capital plan, which is a very modest number.

More than 3 trillion VND must be disbursed each month.

According to Chairman of the Provincial People's Committee Vo Tan Duc: The disbursement of public investment capital is one of the very important tasks directed by the Provincial Party Committee and the Provincial People's Committee. However, up to now, the disbursement rate of public investment capital has not yet met the set expectations.

Construction of Component 1 of Bien Hoa - Vung Tau Expressway Project, section passing through the province

Construction of Component 1 Project, Bien Hoa - Vung Tau Expressway Project, section passing through the province

Emphasizing that completing the disbursement of 100% of the public investment capital plan according to the plan assigned by the Prime Minister in 2025 is a mandatory task, the Chairman of the Provincial People's Committee said: The entire political system needs to participate more strongly and decisively to complete the task. "There is not much time left in 2025, while the remaining capital to be disbursed is very large. Each month, Dong Nai province must disburse more than 3 trillion VND" - Chairman of the Provincial People's Committee Vo Tan Duc emphasized.

Therefore, comrade Vo Tan Duc requested that the investor units, before October 15, must send the Department of Finance a summary of the detailed gantt line for capital disbursement for each project, clearly stating the difficulties and solutions to compensate for the capital disbursement progress. The Provincial People's Committee Office is responsible for monitoring the implementation progress according to the gantt line that the units have committed to.

According to the Department of Finance, in October 2025, the unit will continue to grasp the actual implementation status of the projects to propose the Provincial People's Committee to establish a team to handle and remove difficulties and obstacles in the implementation process.

Relevant units must coordinate with localities to remove difficulties and obstacles in site clearance. Heads of communes and wards must be responsible for site clearance for projects passing through the area. The Department of Home Affairs coordinates with the Department of Finance to propose a mechanism to evaluate and handle heads of units that are slow to disburse public investment capital. "In particular, investors must strictly handle and terminate contracts with contractors constructing projects that do not ensure progress" - Chairman of the Provincial People's Committee Vo Tan Duc requested.

Mr. Dinh Tien Hai, Deputy Director in charge of the Provincial Construction Investment Project Management Board, said: In September 2025, due to heavy rain, the construction of projects encountered many difficulties, affecting the progress of capital disbursement. Therefore, in October 2025, the unit also requested contractors to implement solutions to compensate for the progress. "The Provincial Construction Investment Project Management Board is committed to completing the disbursement of 100% of the public investment capital assigned in the plan in 2025" - Mr. Dinh Tien Hai said.

Similarly, a representative of the Provincial Land Fund Development Center - one of the investors assigned large capital sources - also committed to completing the disbursement of all assigned capital in 2025.

Pham Tung

Source: https://baodongnai.com.vn/kinh-te/202510/thach-thuc-giai-ngan-von-dau-tu-cong-bdb22fb/