Today: 02/10/2023 12:39:34 (GMT+7)

Bac Giang speeds up implementation of public investment projects

(BGO) - In the first half of this year, a series of works and projects using public investment capital in Bac Giang province were affected by the pandemic, even many of them were halted. To complete the disbursement plan for the whole year, these days, on construction sites, the working atmosphere is urgent with a determination to overcome difficulties.

Trying to offset affected progress

Under the burning sun, dozens of technicians and workers of Hai Long Construction Investment Company are still working hard on the site to renovate and repair Lang Thum lake, Quy Son commune (Luc Ngan district).

Bac Giang province, speeds up, public investment projects, disbursement plan, working atmosphere,  construction value

The dam of Lang Thum lake in Quy Son commune (Luc Ngan district) is being urgently upgraded.

A representative of the provincial management board of transport and agricultural construction investment projects, the investor unit, said that the renovation and repair of Lang Thum lake belongs to the Vietnam Dam Rehabilitation and Safety Improvement Project (WB8)’s subproject in Bac Giang province. The subproject is scheduled to end in 2022. Therefore, the board is urgently urging contractors to mobilise labor force and means to offset the previously affected progress.

The project to expand the Lang Giang district Medical Center has maintained its pace in recent time, reflecting great efforts by the investor and supervision and construction units. Up to now, the project has completed the construction of a seven-floor administrative and inpatient treatment building on a total area 7,750sq.m. It is currently completing the installation of medical equipment, electrical system and elevators, with construction value hitting 43 billion VND (1.86 million USD) out of a total of nearly 72 billion VND (3.12 million USD).

According to the provincial Department of Construction, since the beginning of the year, large projects and urban works have been invested, and some have great investment capital such as the project to build central and specialized buildings, the department for infectious diseases and ancillary works of the provincial General Hospital (110 billion VND); Chu bridge and Chu-Khuon Than road (250 billion VND); and a frontage road running through Quang Chau and Van Trung Industrial Parks (more than 70 billion VND).

Timely removing difficulties, speeding up disbursement

The province’s total public investment capital plan for 2021 as of June was more than 6.936 trillion VND (301 million USD), of which the local budget capital was 5.324 trillion VND, the central budget capital nearly 1.210 trillion VND and capital from 2020 402.8 billion VND.

Bac Giang province, speeds up, public investment projects, disbursement plan, working atmosphere,  construction value

Despite being affected by the pandemic, the project to expand the Lang Giang district Medical Center still ensures progress.

Despite facing many difficulties, the implementation and disbursement of public investment capital still achieved positive results. Up to now, the implementation value has reached 2.733 trillion VND (equivalent to 39.4 percent of the plan), with disbursement value reaching 2.344 trillion VND (33.8 percent of the plan). A number of accelerated projects have been basically completed and put into use, promoting the efficiency of investment capital.

During his trip to inspect the progress of key works and projects, Vice Chairman of the provincial People's Committee Le O Pich asked for implementing solutions in compensation and site clearance, pointing out localities that are slow and not drastic in the work, and defining the cause of each problem to take appropriate and accurate response measures.

Investors should coordinate more closely with local authorities and competent agencies responsible for site clearance to urgently have clean ground for construction.

Public investment plays an important role in promoting socio-economic growth and perfecting infrastructure system. Therefore, in the last months of the year, the provincial People's Committee will direct districts, city and departments to continue performing the identified tasks and solutions seriously, drastically, synchronously and effectively.

They were asked to focus on preparing for the commencement of a number of key projects in the province, while promptly reviewing and transferring the investment capital plan in 2021 from projects that cannot be disbursed or disbursed slowly to those that are on schedule and need additional capital.

Investors and project management boards must strengthen supervision, and urge contractors to mobilize machinery and workers to speed up the progress and carry out checking and takeover and payment in stages.


Quoc Phuong
Yen The draws 2 investment projects
(BGO) – Since early this year, Yen The district (Bac Giang province) has attracted two investment projects.
Large FDI projects continue to enter Vietnam
Vietnam continues to be an attractive destination for foreign investors despite the Covid-19 pandemic, with a series of large FDI projects about to enter the country.
Bac Giang commences 6 key traffic projects
(BGO) – The Management Board of Agriculture and Traffic Investment Construction Projects in Bac Giang province will act as the investor to commence 6 key traffic projects in the third quarter this year. 
IFC funds two wind power projects in Vietnam
The International Finance Corporation is set to provide a financing package of $57 million for two wind power projects in central Vietnam.
ROK’s US$15 million project supports Tuyen Quang in rural development
The Korean Government has provided the northern province of Tuyen Quang with US$15 million in non-refundable aid for a rural development programme.
Bac Giang province, speeds up, public investment projects, disbursement plan, working atmosphere, construction value
New comment has just been added. Click here
Sort:NewBest News