On the afternoon of June 15, the Ho Chi Minh City People's Council had a meeting to supervise the City People's Committee on the implementation of public investment work in Ho Chi Minh City, period 2021-2025.

Acknowledging the achievements of the City People's Committee in implementing public investment, contributing to promoting the city's socio-economic development. However, according to delegates in the monitoring delegation, public investment in the past also had some limitations that needed to be overcome.

According to delegate Tran Van Bay, Deputy Director of the Department of Natural Resources and Environment, the biggest limitation affecting low public investment and limited public investment disbursement is from compensation and site clearance (GPMB).

In particular, the work of assessing compensation prices has many shortcomings. According to Mr. Bay, currently the number of enterprises with consulting and price appraisal functions is very large, but in reality, the number of units with the capacity and conditions to advise and assess prices can be counted "on the fingers", even in the situation of easy things are done but difficult things are refused.

There are many cases where consulting units cannot be hired, causing deadlock in compensation and site clearance work.

Mr. Bay acknowledged that this is the responsibility of the Department of Natural Resources and Environment, but other departments and sectors must also find a solution to this problem because the deadlock in the consulting and price appraisal stages will cause subsequent activities to stagnate...

Many delegates also said that compensation and site clearance are the weakest stages, and asked the City People's Committee to find solutions to overcome them.

Sharing the same view, Ms. Nguyen Thi Le, Chairwoman of the City People's Council, said that compensation and site clearance work in public investment projects is still slow and prolonged, leading to adjustments to implementation time and an increase in the total project investment compared to the initially approved investment policy.

Specifically, the Tang Long Bridge Construction Project adjusted the total investment from VND 450,480 billion to VND 688,071 billion; Ong Nhieu Bridge Construction Project adjusted the total investment from VND 425,240 billion to VND 763,691 billion; Phuoc Long Bridge Construction Project adjusted the total investment from VND 397,725 billion to VND 748,155 billion; My Thuy Intersection Construction Project adjusted the total investment from VND 1,998,461 billion to VND 3,622,367 billion; District 8 Hospital Renovation and Expansion Project adjusted the total investment from VND 180,009 billion to VND 258,503 billion; Tan Kien Primary School Construction Project, Binh Chanh District adjusted the total investment from VND 100 billion to VND 138,613 billion...

Besides, according to Ms. Le, some projects have problems but are slow to be resolved, leading to capital not being disbursed after capital allocation, reducing the efficiency of capital use and affecting the annual public investment disbursement results of the city.

Through the opinions of the monitoring delegation, Vice Chairman of Ho Chi Minh City Bui Xuan Cuong said that the City People's Committee will learn from and learn from experience to overcome limitations in order to make more efforts in promoting and disbursing public investment.