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The Management Board of the Provincial Economic Zone Construction Investment Project has disbursed over 84.7% of public investment capital.

Việt NamViệt Nam11/12/2023

The timely issuance of resolutions with drastic solutions has helped the Management Board of the Ha Tinh Economic Zone Construction Investment Project disburse public investment capital at a high level, over 84.7%.

In recent times, the disbursement of public investment capital has been strongly urged and directed by the People's Committee of Ha Tinh province to be implemented by localities and units. Inheriting the province's direction, the Management Board of the Investment Project for Construction of the Economic Zone (EZ) of Ha Tinh province has promptly proposed specific tasks and solutions to accelerate the construction progress and disbursement of allocated investment capital.

The Management Board of the Provincial Economic Zone Construction Investment Project has disbursed over 84.7% of public investment capital.

Overview of the construction of the Southern Ring Road project.

Accordingly, the Management Board of the Ha Tinh Economic Zone Construction Investment Project was assigned by the Provincial People's Committee to be the investor of 30 projects (excluding 11 projects that have been approved for final settlement), including 7 newly started projects, medium-term investment capital for the period 2021-2025 and 23 other transitional and backlog projects. The total capital assigned for management is VND 869,850 billion. With a large number of projects and management capital, it poses many challenges for the unit in implementing disbursement.

Mr. Le Nguyen Kien Cuong - Deputy Director of the Management Board of Investment and Construction Projects in the Economic Zone of Ha Tinh province said: "Identifying and accelerating the progress of project implementation and capital disbursement is a key political task, which needs to be prioritized in direction and management, so in 2023, the Management Board Party Cell issued a specialized Resolution on strengthening the leadership role of Party committees in accelerating the progress of construction and disbursement of public investment capital. The Resolution was issued with specific goals, tasks, solutions and clearly assigned responsibilities to each department and division, promoting the sense of responsibility of each individual and unit. The Resolution also attaches the progress of implementation and disbursement efficiency as an important basis for assessing the level of task completion, evaluating the capacity of cadres, considering emulation, commendation, and discipline for individuals and organizations".

The Management Board of the Provincial Economic Zone Construction Investment Project has disbursed over 84.7% of public investment capital.

The Management Board urges contractors to overcome difficulties caused by weather to construct projects.

The Resolution has quickly improved the efficiency of public investment disbursement by the Management Board. A typical example is the 12C Road Project to the Formosa Steel Complex. The project is over 3.7 km long, over 60 m wide, with a total investment of over 700 billion VND, requiring basic completion of the project in 2023 - 2024. In 2023, the project was allocated 300 billion VND. With drastic solutions in urging and directing construction contractors and accompanying and removing difficulties in site clearance, the project has so far disbursed 255 billion VND.

The project to improve and complete the technical infrastructure of Vung Ang I Industrial Park was allocated 20 billion VND. To date, the Management Board of the Investment and Construction Project of the Economic Zone of Ha Tinh province has disbursed 100% of the capital allocated in 2023.

In addition to the above two projects, new projects starting construction in the 2021-2025 period such as: The central main road project connecting National Highway 1, avoiding Ky Anh town, to the deep-water port cluster of Vung Ang - Son Duong; Southern belt road project of Vung Ang Economic Zone; Flood treatment project at Gia Lach Industrial Park... are also focused on accelerating progress.

For the transitional projects, up to now, the handover and operation of the headquarters of the Provincial Economic Zone Management Board have been completed; the technical infrastructure of the A gate area (package 05.XL) has been completed; the final settlement of 2 projects has been approved: the horizontal axis road of Ky Long urban area - Multi-industry industrial park (phase 2) and the traffic route between the two border gates of Cau Treo (Vietnam) and Nam Phao (Laos) in the Vietnamese territory.

The Management Board of the Provincial Economic Zone Construction Investment Project has disbursed over 84.7% of public investment capital.

The central main road project connecting National Highway 1, Ky Anh Town bypass, to Vung Ang - Son Duong deep-water port cluster is under construction.

Sharing about the results achieved, Mr. Le Nguyen Kien Cuong - Deputy Director of the Management Board of the Investment and Construction Project of the Economic Zone of Ha Tinh province said: "The Resolution of the Party Cell has raised the spirit and responsibility of each cadre and party member in performing their duties. The Management Board has actively and proactively connected and closely followed the authorities, compensation councils, and land acquisition and clearance of localities to promptly remove difficulties, especially projects implemented in Ky Anh town.

The Management Board has organized many working sessions, including evenings, Saturdays and Sundays, with the Standing Committee of Ky Anh Town Party Committee, People's Committees at all levels in Ky Anh Town and Nghi Xuan District to work together to resolve difficulties and obstacles in compensation and site clearance for projects... For construction work, the Management Board organizes progress meetings at the construction site once a week to urge contractors. If the project is behind schedule, a meeting will be held with the participation of the Board's leaders to urge them. Every week, the Management Board requires contractors to set out to meet the specific progress of the project.

With synchronous and drastic solutions, up to now, the Management Board of the Ha Tinh Economic Zone Construction Investment Project has disbursed 737/869,850 billion VND, reaching a rate of over 84.7%. The unit strives to complete the disbursement of 100% of the allocated public investment capital by January 2024.

Phuc Quang - Dan Phuc


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