Public investment and capital disbursement promoted

Provincial People’s Committee last year was very active in conducting relevant agencies to remove queries in public investment, bringing better results in this field. In 2017, the province will further boost public investment and capital disbursement…

Capital disbursement on smoothness

In 2016, provincial People’s Committee directed the implementation of adjusting and removing difficulties to hasten the progress of public investment and seriously realizing the Government’s Resolution No.60/NQ-CP dated July 8, 2016 on major tasks and solutions to accelerate the disbursement progress of public investment capital (or briefly called the Resolution No.60). The province’s total volume of public investment implemented last year was more than VND6.36trillion or 99.9% of the year’s plan.

Construction of the road from Muoi Muon three-way crossroads to Tan Thanh three-way crossroads in North Tan Uyen district is being hastened

Nguyen Thanh Truc, Director of provincial Department of Planning and Investment said that provincial People’s Committee excelled at removing difficulties and adjusting the local plan on public investment to accelerate the progress of capital disbursement under the Resolution No.60, thereby reaching important results in this field. The province also fulfilled and put 154 works into use, absolutely solved debt for basic construction arising before December 31, 2014 under the Law on Public Investment…

Striving to fulfill the set plan

Although obtaining great results, but the province’s public investment last year still faced difficulties for change.

For better results, provincial Department of Planning and Investment is rechecking projects with capital adjusted in 2016 that are not in line with the province’s public investment plan in 2017 and mid-term plan for 2016-2020 approved for appropriate adjustment while considering all projects that are expected for completion in the period of 2016-2017. The Department will also set up methods giving provincial People’s Committee advice in accordance with the guidance of the Ministry of Planning and Investment in case of not being capable of balancing capital source…

Under the instruction of provincial People’s Committee, sectors and authorities at all levels of the province need to regularly recheck, monitor and opportunely solve queries arising from the real situation, promoting the local public investment and capital disbursement. For investors, they need to focus on carrying out their public investment plans in 2017 as stipulated; opportunely report difficulties in the process of realizing them…

Reported by Phuong Le-Translated by K.T