The Prime Minister of Vietnam directs strong promotion of public investment capital disbursement in the final months of 2024

The Prime Minister of Vietnam directs strong promotion of public investment capital disbursement in the final months of 2024
Que Anh

On November 7, 2024, the Prime Minister of the Government of Vietnam issued Official Telegram 115/CD-TTg regarding the vigorous implementation of tasks and solutions to accelerate the disbursement of public investment capital in the remaining months of 2024.

The Prime Minister of Vietnam directs strong promotion of public investment capital disbursement in the final months of 2024

To strive to achieve the highest economic growth targets and socio-economic development targets for 2024 assigned by the Central Committee, National Assembly, and the Government of Vietnam, especially with public investment capital disbursement needing to reach a rate of over 95% of the plan assigned by the Prime Minister of the Government of Vietnam, the Prime Minister requests ministries, central agencies, and localities according to their functions, tasks, and authority:

- Continue to thoroughly comprehend the critical role and significance of public investment in socio-economic development, identifying public investment capital disbursement as one of the top important political tasks of all levels and sectors, contributing to economic growth, creating jobs, and livelihoods for the people...; public investment capital is a driving force in leading and attracting, mobilizing other resources in society for development investment.

- Urgently implement the Resolutions and directives of the Government of Vietnam and the Prime Minister of the Government of Vietnam, particularly Official Telegram 24/CD-TTg dated March 22, 2024, Directive 26/CT-TTg dated August 8, 2024, Official Telegram 104/CD-TTg dated October 8, 2024, from the Prime Minister, focusing on implementing flexible, creative, prompt, and effective measures and solutions; showing determination and high effort in directing, managing, clearly defining people, tasks, responsibilities, progress, and results; strengthening discipline and compliance in public investment capital disbursement; emphasizing inspection, supervision, promptly resolving bottlenecks and obstacles in implementation.

- Focus on accelerating land clearance, prioritizing the adequate allocation of funds for compensation and clearance of areas with sufficient conditions; effectively conducting propaganda, mobilization, inventory, and expediting the construction of resettlement areas to promptly hand over sites for construction.

- Strictly adhere to the directives of the Government of Vietnam's Leaders on resolving issues related to quarry licensing, stone, sand, and soil material exploitation; implement measures to control prices and quality of materials serving public investment projects, ensuring prompt, effective, and lawful compliance.

More details can be found in Official Telegram 115/CD-TTg issued on November 7, 2024.

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