The Ministry of Construction recently issued a directive on speeding up the implementation and disbursement of the 2021 public investment capital plan, requiring 100% completion of the capital plan assigned by the end of December 31, 2021.

The Ministry of Construction requested to soon complete the final settlement documents of
completed bidding packages of the National Assembly Building project. Source: Internet.

The Ministry of Construction requested to soon complete the final settlement documents of completed bidding packages of the National Assembly Building project. Source: Internet.

Disbursement reached 22.2% of the allocated plan

According to the Ministry of Construction, units have made great efforts to accelerate the implementation and disbursement of public investment capital in 2021.

However, implementation is still limited, is not effective, not drastic in some units, the leaders of some units are not thorough, lack urging, inspection and responsibility in the implementation of the project, coordination in handling work and organisation of implementation is still not tight, there is still the situation of passing and avoiding responsibility.

Discipline in public investment is not strict, so some projects are implemented slowly and implementation is not on time; a number of projects have completed volume, but the procedures for acceptance, payment and finalisation are slow, leading to a low disbursement value of the public investment capital plan in 2021, affecting plan implementation from the Ministry of Construction.

Regarding investment projects using public investment capital, the Ministry of Construction said at the beginning of the year, the ministry assigned details of the 2021 State budget capital investment plan (phase 1) for investment projects meeting the conditions with capital of 322.52 billion VND.

The remaining capital (VND 353,719 billion) would be delivered immediately after the National Assembly approves the medium-term public investment plan for 2021-2025. In the first six months of the year, disbursed public investment capital was 70.54 billion dong, reaching 22.2% of the plan.

Implementing the medium-term public investment plan for 2021-2025, the Ministry of Construction has completed a detailed capital allocation plan, finished the appraisal and approved investment policies for projects in the medium-term investment portfolio in 2021-2025 with a total expected capital of VND 3,006.9 billion, which has been submitted to the Ministry of Planning and Investment for appraisal.

For projects using economic public service funds, in 2021, the Ministry of Construction will manage 64 tasks and programmes (including 46 newly opened tasks) with a total budget of 28.83 billion dong.

Regarding ODA projects, in 2021 the Ministry of Construction is directly managing, implementing and coordinating 10 ODA programmes and projects with a total budget of VND 59.93 billion (of which, the counterpart is VND 17.26 billion and foreign capital is VND 42.67 billion).

100% of the 2021 capital plan must be completed by December 31, 2021

To ensure completion of the public investment capital plan assigned in 2021, the Minister of Construction requested heads of the affiliated units to urgently direct the synchronous, drastic and effective implementation of tasks, and solution.

Accordingly, speeding up the preparation of the project, the selection of contractors is in accordance with the law, and early starting the work, as well as conducting online bidding, ensuring publicity and transparency, and selection of qualified contractors.

Remove difficulties and obstacles, ensuring progress of works; expeditiously check and accept, make payment documents as soon as the volume is available, carry out the payment procedures of investment capital for the project within four days from is checked and accepted as prescribed, not to accumulate payments at the end of the year, not to cause outstanding debt for capital construction.

For example, for the construction investment project of the National Assembly House, the Ministry of Construction requested urging contractors and related units to speed up the completion of finalisation documents of completed bidding packages to timely disburse public investment capital in 2021.

Maximise human resources to complete the checking and payment procedures for contractors; complete final settlement documents for bidding packages audited by the State Audit, and submit them to the Ministry of Construction for verification and approval in accordance with regulations; handle problems or promptly report problems beyond their competence to the Ministry of Construction.

The Ministry of Construction also requires 100% of the capital plan assigned 2021 must be completed by the end of December 31, 2021. Investors must commit to the implementation schedule and disbursement of public investment capital in 2021 with the Ministry of Construction on a monthly basis.

By September 30, projects with a disbursement rate of less than 60% of the public investment capital plan assigned in 2021 (except for new construction projects in 2021 awaiting capital allocation after by the Prime Minister approved a medium-term public investment plan for the period of 2021-2025) will have their capital transferred to projects with good disbursement progress and lacking capital. The Ministry of Construction will review responsibility and take disciplinary measures against the head of the investors for the delay in implementation and disbursement.

The ministry also requested investors to focus on directing, inspecting, urging and promptly handling difficulties and problems in the disbursement of public investment capital, especially problems with investment procedures and procedures for checking, payment and the settlement of investment capital; attaching implementation and disbursement progress and project efficiency to the individual responsibility of the head and the person assigned to perform the task, considering them a criterion for assessing the level of work completion in 2021.

Resolutely and promptly handle organisations and individuals that violate and intentionally obstruct, causing difficulties, slow the implementation and disbursement progress of the 2021 public investment capital plan and promptly replace civil servants, public employees and employees being weak or having negative interferences on the performance of investment capital management tasks and in bidding.

For investors who do not meet their committed progress, are late in submitting the settlement report of completed projects, or do not reach 100% of the disbursement plan for public investment capital in 2021, the Ministry of Construction will handle the responsibility of the head of the investor, at the same time consider the transfer of the project investor, resolutely not allocate capital to start new projects, do not allow them to be the investor of other projects. The head of the unit must be subject to a specific disciplinary action and take responsibility fully before the Minister of Construction.