Ho Chi Minh City: Many project management boards have slow disbursement

As of July 24, the total public investment capital disbursed by Ho Chi Minh City was VND47,554 billion, reaching 40% of the capital plan assigned by the Prime Minister and 31.4% of the capital plan deployed by Ho Chi Minh City.

The Office of the Ho Chi Minh City People's Committee has just announced the conclusion of Vice Chairman of the Ho Chi Minh City People's Committee Bui Xuan Cuong at the recent working session on public investment disbursement.

Accordingly, by the end of July 24, 2025, the City had disbursed VND 47,554 billion, reaching 40% of the capital plan assigned by the Prime Minister and 31.4% of the capital plan deployed by the City.

In particular, the specialized project management boards under Ho Chi Minh City have good disbursement rates, higher than the City's average, including the Urban Railway Management Board (40.7%); Management Board of investment projects for construction of traffic works (39%); Management Board of projects for agriculture and rural development of Binh Duong province (40%).

Ho Chi Minh City has disbursed 47,554 billion VND, reaching 40% of the capital plan assigned by the Prime Minister.

However, there are still many Project Management Boards with slow disbursement, including: Ho Chi Minh City Urban Infrastructure Construction Investment Project Management Board (26%); Binh Duong Traffic Construction Investment Project Management Board (11.4%); Ba Ria - Vung Tau Regional Traffic and Agricultural Specialized Project Management Board (20.5%); Ba Ria - Vung Tau Traffic and Civil Specialized Project Management Board (30.1%); Binh Duong Wastewater Specialized Project Management Board (7.1%)) are still slow to disburse compared to the average disbursement rate of Ho Chi Minh City.

To ensure the disbursement rate reaches 100% by the end of the year, the Vice Chairman of the Ho Chi Minh City People's Committee requested departments, localities, and special zones to focus on completing disbursement according to commitments, especially for 17 large projects that have registered progress; urgently review and update the monthly disbursement plan, ensuring enough capital to complete projects this year or on schedule according to the medium-term plan.

The city is also considering allocating more than VND4,500 billion in reserve capital to 24 projects approved by the Ho Chi Minh City People's Council and projects preparing for investment in 2025.

In addition, the Ho Chi Minh City People's Committee assigned the Department of Construction to urgently compile a list of key projects for the 2026 - 2030 period such as: Can Gio Bridge, Thu Thiem 4 Bridge, Thoi An - Thanh Xuan Inter-ward Road, Cat Lai - Phu Huu Port Connection Road, etc.

Source: https://baodautu.vn/tphcm-hang-loat-ban-quan-ly-du-an-giai-ngan-cham-d352846.html