In a move to expedite the execution and disbursement of the 2024 capital plan for ODA projects, aiming for a disbursement rate of over 90% of the allocated funding, the Hoa Binh People's Committee issued Document No. 483/UBND-KTN on April 3, 2024, regarding such efforts.
According to the directive, the chairman of the committee
mandates all investors to aggressively carry out tasks and solutions to enhance
the disbursement of public investment funds within their jurisdiction and to
closely collaborate with relevant agencies. Emphasis is placed on ensuring that
the acceleration of disbursement goes hand in hand with maintaining the quality
of the construction work and the efficient use of capital.
The directive calls for heightened inspection
and supervision of ongoing projects to ensure compliance with procedures,
investment quality, and approved objectives. For projects concluding or closing agreements in
2024, it stresses the need to maximise resources, urging contractors to
accelerate progress while ensuring construction quality and capital efficiency
for completion within the approved timeframe.
Regarding those about to receive investment, the
directive underscores the importance of speeding up investment preparation
activities and contractor selection processes, as well as ensuring timely
implementation.
Following the approval to extend the 2023
capital plan disbursement period into 2024, investors are urged to promptly
proceed with the projects to ensure 100% capital plan disbursement within the
extended period. Investors are also advised to proactively report
any emerging issues during the implementation phase to authorities for prompt
solution.
Additionally, the committee assigns specific
tasks to various departments, project management boards, and district- and
city-level People's Committees with ODA projects, aiming to ensure planned
disbursements are achieved.
In Lac Thuy district, communes have been succeeded in promoting their One Commune-One Product (OCOP) products while others are still struggling to position their typical farming products in market. Some communes in the district still fail to have their products met OCOP programme’s requirements, while others have seen their certifications expired.
The inspectorate agency of Hoa Binh province has issued Official Dispatch No. 1090/TTr-PCTN to provincial departments, agencies, localities, business associations, enterprises, and investors regarding measures to improve informal component indexes of the Provincial Competitiveness Index (PCI).
Hoa Binh is taking concrete steps to improve its investment environment, with a strong focus on supporting businesses, settling obstacles for strategic investors, and creating opportunities for robust development in the coming years.
Under the blazing early summer sun, the construction site of Nhuan Trach Industrial Park (IP) in Luong Son district is abuzz with activities from dawn to dusk, a testament to the determination of the investor to meet their construction targets on schedule.
