Ninh Binh’s public investment capital disbursement reaches nearly 94%

The total public investment plan in 2025 assigned by the Prime Minister to Ninh Binh province is over 28 trillion VND (1.06 billion USD). To date, the province’s disbursed investment is estimated to reach about 94% of the assigned plan.

According to Chairman of the Ninh Binh provincial People's Committee Pham Quang Ngoc, to achieve this result, Ninh Binh province has focused on directing drastic and synchronous solutions from the beginning of the year.

The province always identifies public investment disbursement as one of the top important tasks to promote growth and socio-economic development. The province has promptly established steering committees to direct the acceleration of public investment disbursement progress.

In particular, after the merger, the province quickly stabilised the operations of the two-level local administration, and continued to focus on accelerating the progress of project implementation and disbursement of public investment capital.

All projects invested by the former district level were handed over to the provincial level or provincial-level public service units for management to avoid interruptions and delays.

The province also accelerated investment and site clearance procedures, strictly controlled the quality of consulting and selected competent contractors, flexibly transferred capital from slow projects to fast projects and proactively resolved difficulties in material supply.

For each large and key project, the province assigned leaders of the provincial People's Committee to be responsible for the assigned areas and had weekly reports, monthly meetings to announce results, resolve difficulties, and actively exchange and share experiences between units.

"From now until the end of the year, Ninh Binh province commits to the Government and the Prime Minister to complete the disbursement of 100% of public investment capital in 2025 according to the set plan. For key national projects being implemented in the province, we will strive to complete them before the required time", Ngoc affirmed./.