(VEN) – Prime Minister Pham Minh Chinh recently signed Instruction 26/CT-TTg dated August 8, 2024, asking ministries, sectors and localities to accelerate the disbursement of public investment capital. A goal is for 95 percent plus of the targeted public investment capital to be disbursed, and at least 3,000 kilometers of expressways to be completed by the end of 2025.
The Prime Minister requires ministries, sectors and localities to report the progress of public investment disbursement on a quarterly and monthly basis |
Speeding up investment
Prime Minister (PM) Pham Minh Chinh has asked ministries, authorities of different levels, and localities to promptly complete investment and bidding procedures, aiming to kick off all public investment projects of 2024. According to the instruction, they must prepare detailed disbursement plans for specific projects and strictly adhere to monthly and quarterly disbursement schedules. Furthermore, they need to enhance on-site inspection and supervision, urging contractors and consultants to speed up progress. Specific leaders should be assigned to monitoring the implementation progress, promptly addressing any difficulties and being responsible for the disbursement results of each project. At the same time, they should proactively review and assess the disbursement potential of each project, compile the additional capital needs of projects, and have a plan to move capital from slowly-disbursing projects to those with disbursement potential, ensuring full disbursement of the allocated capital.
The PM has also instructed parties to speed up site clearance and related compensation. Socio-political organizations are encouraged to persuade the public to support site clearance activities in order to accelerate the 2024 public investment plan realization.
Ministries, authorities of different levels, and localities must ease problems related to the licensing of mining activities to ensure construction materials for projects, efficiently control the prices and quality of building materials, and apply strict sanctions to those making frauds to increase construction material prices, which affects project progress and implementation.
Strengthening project inspection and supervision
The PM has requested increased frequency of project inspections to promptly ease any problems, accelerate the project progress and capital disbursement.
He told the Ministry of Planning and Investment to coordinate with relevant authorities to amend the Public Investment Law and the Law on Investment in order to simplify administrative procedures, address overlaps and obstacles, ensure transparency and anti-corruption measures, particularly concerning the planning, appraisal and approval of projects, and medium-term and annual public investment plans.
The PM asked the Ministry of Finance to work with relevant authorities to amend laws and policies related to public investment under the State Budget Law, such as local budget expenditures for inter-locality projects; use of local budgets for centrally-governed projects; and simplification of capital disbursement processes for non-refundable aid. The ministry is also tasked to closely monitor and stabilize market and prices in order to help businesses, including construction ones, minimize costs.
Ensuring sufficient supply of building materials
The PM asked the Ministries of Transport, Natural Resources and Environment, and Industry and Trade, as well as provincial and municipal people’s committees to ensure sufficient supply of common construction materials (sand and soil for foundation filling, for example) for expressway, key, inter-regional, and coastal road projects.
The Ministry of Agriculture and Rural Development is tasked to, before August 30, provide ministries, authorities of different levels, and localities with guidelines on changing forest use purposes; review regulations, and propose necessary amendments.
The Ministry of Construction is to propose solutions to ensure the balance between supply and demand of construction materials in order to control prices of those goods, as well as address problems related to urban planning and construction project testing, and assess feasibility studies and construction designs.
The Ministry of Natural Resources and Environment must urgently finalize and issue guiding documents for the implementation of the 2024 Land Law; finalize and submit to the Government in August a draft decree amending and supplementing Decree 08/2022/ND-CP dated January 10, 2022, which details certain provisions of the Environment Protection Law.
The Ministry of Natural Resources and Environment, in coordination with the Ministry of Industry and Trade, will address the obstacles hindering the implementation of projects overlapping with mineral planning areas of localities.
Nguồn: congthuong.vn