Removing obstacles and accelerating disbursement of public investment projects
Vice Chairman of the Hai Phong People’s Committee Tran Van Quan has worked with the Western Hai Phong Construction Investment Project Management Board on public investment projects.
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On the afternoon of August 7, Vice Chairman of the Hai Phong People’s Committee Tran Van Quan met with the Western Hai Phong Construction Investment Project Management Board to review task performance over the past seven months and discuss tasks for the remainder of 2025.
Formerly the Hai Duong Provincial Construction Investment Project Management Board, the unit had been allocated over 10.1 trillion VND by July 30. Of this, its subordinate regional boards disbursed more than 4.216 trillion VND, reaching 62% of the year’s initial capital plan and 41.73% of the total allocated funds.
Regarding project progress, one project exceeded its disbursement schedule, 93 projects were on schedule, and 64 were behind schedule. Another 75 projects were in the stages of surveying, preparing and appraising basic design dossiers and cost estimates, and arranging contractor selection for construction.
Vice Chairman Tran Van Quan acknowledged the efforts of the Western Hai Phong Construction Investment Project Management Board over the past time.
To meet the goal of disbursing the remaining 5.862 trillion VND, nearly 58% of the year’s plan, in the final months of 2025, Quan required the board to proactively review and resolve difficulties and accelerate construction, and especially for delayed projects.
The Vice Chairman assigned the Department of Finance to consolidate the board’s proposals and difficulties encountered in implementing assigned projects. The key target is to achieve 100% disbursement of public investment in 2025, thereby boosting infrastructure development and creating momentum for Hai Phong’s socio-economic growth in the coming period.
VAN KHANH