The total public investment capital implemented in the province amounts to VND 6,599.735 billion (of which: VND 297.161 billion from the 2024 capital plan is allowed to be carried over to 2025; and VND 6,302.574 billion is from the 2025 capital plan). As of April 23, 2025, over VND 600 billion has been disbursed, accounting for 9.1% of the total assigned capital plan and 10.6% of the detailed allocated capital.

Some investors have achieved good disbursement results, such as Muong La district with 53.98%, the Department of Finance with 53.81%, and Sop Cop district with 50.62%. Meanwhile, 19 units have disbursed less than 20% of their allocated capital, including 7 units with very low rates, below 5%. The main reasons include delays in investment preparation, lack of decisive direction from units and project owners in preparing investment activities, resulting in the failure to complete detailed allocation of 2025 capital sources. Many newly launched projects are still in the process of bidding and contractor selection, so no actual volumes are available for acceptance and payment. Additionally, the work of determining land origin, compensation, and site clearance to serve project construction has been slow.

At the meeting, representatives from various units proposed several solutions to accelerate the disbursement of public investment capital, such as: extending the timeline for non-urgent projects to avoid situations where funds are waiting for projects; enhancing communication and advocacy efforts to gain public consensus in land clearance; and planning disbursement when the two levels of government begin operations on July 1, 2025.

Speaking at the meeting, Vice Chairman of the Son La Provincial People's Committee Le Hong Minh, requested that units accelerate the preparation of investment for projects, ensuring they meet the conditions for capital allocation as per regulations. Agencies, units, and investors must strictly follow the disbursement plan, assigning leaders to monitor each project. They should review and build detailed schedules for each project to focus on leadership, especially for projects with large capital allocations. There should be increased monitoring and urgent, coordinated implementation of solutions to remove obstacles and accelerate the disbursement of public investment capital, following the directions from the Government, the Provincial Party Committee, and the Provincial People's Committee. People's Committees of districts, towns, and cities should enhance communication and advocacy to gain public consensus, focusing on speeding up the preparation, approval, and compensation plans for affected organizations and households, and gradually handing over land for contractors to begin construction. Contractors should be directed to focus on construction at sites where land is ready, ensuring there is enough work volume to release advances for construction packages and disburse 2025 capital plans. Work acceptance should be done immediately when construction packages are completed to release advances, and contractors violating contract terms must be strictly penalized.

Thuy Nhu

Translated by Huyen Vu