Accelerating The Disbursement Of Public Investment Capital

In 2023, general economic difficulties impacted the implementation of socio-economic targets of the city in general and in districts in particular. However, some challenging targets and tasks were promptly cared for with drastic directions in the year’s final months.

 

At the end of the third quarter, Le Chan district was one of eight districts with a disbursement rate below the average of the whole city. Specifically, the district’s disbursement of public investment capital from decentralized sources reached  41% of the plan, and the disbursement of public investment capital allocated by the city for new projects only reached 4.2%. Although the district had implemented many solutions, the sluggish real estate market and other objective conditions impacted the district’s public investment capital disbursement process.

Strengthening field inspections and closely following the progress of projects, many bottleneck areas were dismantled, and the compensation payments for site clearances were carried out to speed up several projects’ constructions ahead of schedule, contributing to promptly disbursing the public investment capital by the end of 2023.

The effectiveness comes from the drastic direction, administration, and determination to complete the disbursement of public investment capital as well as all other tasks, helping the district complete and exceed all socio-economic targets in 2023, as well as continuing to propose solutions to complete the tasks when economic difficulties are expected to persist in 2024./