Ninh Binh accelerates disbursement of 19 trillion VND for transport infrastructure

The northern province is entering a new phase of strategic infrastructure expansion, with transport continuing to serve as one of the main growth drivers of the local economy. However, the pressure to disburse public investment capital efficiently is posing significant challenges for investors, contractors and authorities at all levels.

The provincial People’s Committee recently convened a conference to review the progress of public investment disbursement for major transport projects. Chaired by Vice Chairman of the provincial People’s Committee Nguyen Cao Son, the meeting assessed implementation progress, identified persistent obstacles and discussed solutions to speed up execution in the coming months.

According to the provincial Department of Finance, Ninh Binh’s total public investment plan for 2026 exceeds 43.47 trillion VND. Of this amount, more than 41.6 trillion VND comes from the local budget, while over 1.87 trillion VND is sourced from the central budget. Notably, more than 14.5 trillion VND in capital has been carried over from previous years into 2026, adding considerable pressure to the province’s disbursement efforts.

The transport sector alone has been allocated more than 19 trillion VND, making it the largest recipient of public investment capital and a central pillar in the province’s strategy to improve infrastructure, strengthen regional connectivity and attract investment.

Of the total, nearly 9.69 trillion VND has been earmarked for 216 projects under the 2026 plan, while more than 9.31 trillion VND consists of capital carried over from 2025 for 207 ongoing projects. Among the most prominent is the Ninh Binh Hai Phong expressway project, which is expected to create a breakthrough in transport connectivity across the Red River Delta region.

As of May 5, transport projects funded under the 2026 plan had disbursed nearly 960 billion VND, equivalent to 9.91% of the annual target, higher than the provincial average. However, the disbursement of carry-over capital from 2025 remains low, at just 0.77%, highlighting persistent difficulties in project implementation, particularly in land clearance, material supply and construction organisation.

At the conference, delegates analysed the main factors behind the slower-than-expected disbursement progress.

Son stressed that public investment disbursement is not merely a financial task but also a key political mission directly linked to economic growth, investment attraction and infrastructure development in the province.

The Vice Chairman instructed investors to urgently review all projects, formulate detailed monthly and quarterly disbursement plans and strengthen coordination with local authorities to resolve land clearance issues. He also called for the reallocation of capital from slow-moving projects to those with stronger disbursement capacity.

Contractors were urged to mobilise maximum manpower and equipment and implement round-the-clock construction schedules to make up for delays in major projects. Relevant departments and agencies were also assigned specific responsibilities to support the removal of obstacles facing ongoing projects.

In particular, the provincial People’s Committee requested Project Management Unit No.1 to speed up construction of the Ninh Binh Hai Phong Expressway, ensuring efficient disbursement of allocated central budget funding./.