Efforts needed to accelerate public investment disbursement for projects

Vice Chairman of the provincial People’s Committee Nguyen Minh Tien on May 8 chaired a meeting on the progress of land clearance, construction, and public investment disbursement for projects in the province.

 An overview of the working session on the progress of land clearance, construction, and public investment disbursement for projects in Son La province.

The meeting was attended by leaders of several provincial departments, agencies, and the construction investment project management boards in the province, and was connected online to communes and wards where the projects are being implemented.

 
Participants at the meeting.
 

In 2026, the total public investment capital in the province exceeded 4.76 trillion VND (180.9 million USD), including 3.97 trillion VND allocated under the 2026 capital plan and more than 790 billion VND in 2025 funds permitted to be carried forward for implementation and disbursement in 2026.

The capital is allocated to 71 investors, including 48 commune- and ward-level People’s Committees, 15 construction investment project management boards, and eight other investors.

To date, the province has allocated in detail  3.35 trillion VND, equivalent to 70.28% of the total capital. As of May 7, disbursement had reached nearly 1.19 trillion VND, equal to 24.93% of the total assigned capital plan and 35.48% of the detailed allocated capital plan.

A leader of the provincial Department of Finance presents a report on the disbursement of public investment capital in the province.
 

To further accelerate the disbursement
, the province has requested a review and adjustment of capital plans for several completed projects with no further demand for funding, as well as delayed projects, in order to supplement ongoing projects that require additional capital, thereby ensuring the efficient use of resources and increasing the disbursement rate.
 
 
Vice Chairman of the provincial People’s Committee Nguyen Minh Tien delivers remarks at the meeting.
 

Speaking at the meeting, Vice Chairman Tien requested departments, agencies, localities, and investors to focus on directing contractors to accelerate project implementation and ensure that disbursement rates meet the assigned targets.

Regarding capital management, he called for a review and extension of implementation schedules for non-urgent projects, as well as the adjustment and recovery of improperly allocated funds to reallocate them to the province’s key projects. He also stressed the need to strengthen inspections and supervision and promptly resolve obstacles in order to speed up the implementation of the public investment plan.
 
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