Son La steps up efforts to accelerate 2026 public investment disbursement

Nguyen Dinh Viet, Deputy Secretary of the provincial Party Committee and Chairman of the provincial People's Committee, on August 5 chaired a meeting on accelerating the disbursement of public investment capital in 2026.

The event was attended by Nguyen Duc Thanh, member of the provincial Party Committee's Standing Board and head of its Organisation Board; Nguyen Minh Tien, Vice Chairman of the provincial People's Committee; representatives of provincial departments, agencies and project investors. The meeting was connected online to 37 communes and wards across the province.

Delegates attend the meeting on accelerating 2026 public investment disbursement.

Son La has been allocated more than 7.86 trillion VND (299.6 million USD) in public investment capital for 2026, including nearly 1.98 trillion VND carried forward from 2025 and more than 5.88 trillion VND allocated for 2026. The funding has been assigned to 87 project investors.

As of August 3, the province had disbursed more than 2.99 trillion VND, equivalent to 38% of the total capital plan and 44.7% of the detailed allocation plan, up by more than 374 billion VND from June 30. 

Vice Chairman of the provincial People's Committee Nguyen Minh Tien speaks at the meeting.

Project investors have accelerated administrative procedures, project acceptance and payment processes to speed up disbursement. Several units recorded notable progress, including the provincial construction investment project management boards, the provincial Department of Public Security, and the People's Committees of To Hieu ward, Moc Chau ward and Mai Son commune.

However, several project investors continue to lag behind schedule, weighing on the province's overall performance. Thirteen investors have disbursed less than 50% of their allocated capital.

A representative of the Department of Culture, Sports and Tourism addresses the meeting.

Project investors said delays were mainly caused by obstacles in site clearance, bidding procedures, capital reallocation and rising construction material costs. They committed to implementing detailed disbursement roadmaps through the third quarter and the end of 2026. 

Nguyen Duc Thanh, head of the Organisation Board of the provincial Party Committee, speaks at the meeting.
Chairman of the provincial People's Committee Nguyen Dinh Viet delivers concluding remarks at the meeting.

Addressing the meeting, Chairman Viet urged provincial departments, agencies and project investors to accelerate capital allocation and disbursement while improving land clearance.

He called for the swift completion of investment procedures and the allocation of all remaining capital, as well as a review of projects to reallocate funding from slow-moving projects to those with stronger implementation progress and additional capital needs.

The province aims to meet its 2026 public investment disbursement target to support economic growth and accelerate infrastructure development, he noted./.

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