Điện Biên further accelerates public investment disbursement

ĐBP - Thanks to the comprehensive and resolute implementation of various solutions, the disbursement of public investment capital in Điện Biên province during the first six months of the year has shown many positive signs, contributing to the local economic growth.

Building on these results, in the remaining months of 2025, Party committees, local authorities, and project investors are continuing to direct and expedite disbursement progress, aiming to complete 100% of the public investment plan assigned for the year.

In 2025, the total public investment capital allocated by the Prime Minister amounts to VND 3,196.678 billion. According to the report by the People’s Committee of the province, as of May 31, the total disbursed capital reached VND 1,067.257 billion, accounting for 33.39% of the plan. The estimated disbursement by June 30 is VND 1,249.056 billion, equivalent to 39.07% of the planned capital. During the first half of the year, Điện Biên was among the 37 provinces, agencies, and units with a disbursement rate above the national average of 32.06%.

Currently, the province is implementing five key projects using state budget capital. These projects have large total investments and account for a significant proportion of the province’s total capital structure. Therefore, the disbursement progress of these major projects plays a crucial role and directly impacts the overall public investment disbursement results of the province.

The Xuân Thị Điện Biên Co., Ltd. is currently constructing the road connecting Đề Bâu hamlet to the main Vàng Chua Road in Sính Phình commune.

The Dynamic Road Project is one of the province’s priority projects that must be completed in 2025. At present, the project owner is simultaneously carrying out two tasks: accelerating site clearance and urging contractors to execute the sections with available land. By the end of June, the construction value reached approximately VND 674 billion out of the total VND 937.03 billion, equivalent to 71.9%. Cumulative capital disbursement has reached VND 966.43 billion, or 82% of the allocated plan.

Nguyễn Minh Tuân, Director of the provincial Transport Project Management Board, stated that the Board is reviewing and evaluating the progress of each bidding package to build a detailed schedule and critical path. Simultaneously, contractors are being urged to mobilize maximum manpower, equipment, and machinery to speed up construction and ensure the project is completed on schedule.

At the grassroots level, project management boards and land development units are actively cooperating with local authorities to urge contractors to accelerate construction progress.

In 2025, the total public investment capital allocated to the Tủa Chùa area is VND 227.367 billion. As of June 30, cumulative disbursement in the area is estimated at VND 100.274 billion, reaching 44.1% of the plan.

To ensure disbursement progress, the Project Management and Land Development Board for Area III has proactively and decisively prepared investments for new projects starting in 2025. Specifically, all new projects completed investment preparation procedures by the end of 2024, creating favorable conditions for contractors to begin construction at the beginning of 2025 as planned. For ongoing projects, contractors have been required to mobilize sufficient manpower, machinery, and equipment to adhere to committed schedules. Thanks to decisive action, in the first six months of the year, Tủa Chùa has seen 21 projects completed and disbursed 100% of their allocated capital; the remaining projects are generally on track with their disbursement targets.

The road project to the Phiêng Bung production area (in Tủa Chùa commune) is nearly 1km long and is built to rural road standards, with a 4m wide roadbed, a 3m wide pavement, and 0.5m shoulders on each side. The project has a total investment of VND 2.66 billion and is scheduled for implementation in 2024-2025.

By the end of 2024, the Project Management and Land Development Board for Area III had completed all investment preparation procedures, allowing the project to commence in May 2025. Although construction was initially scheduled to last eight months, thanks to the strong efforts of the investor and the contractor, the project was completed in May 2025, seven months ahead of schedule.

Lê Quang Đạo, Acting Director of the Project Management and Land Development Board for Area III, emphasized that the Board will continue coordinating with local authorities to resolve difficulties and obstacles in project implementation. Moreover, the Board is actively urging contractors to mobilize all resources, speed up construction, and strictly comply with regulations on disbursement and settlement of public investment capital, striving to fully disburse the 2025 allocated capital.

Recognizing that public investment disbursement is a key task that plays a decisive role in realizing the GRDP growth target of over 10.5% for 2025, Điện Biên has launched strong and synchronized measures from the beginning of the year. The provincial People’s Committee has proactively organized inspections and worked with localities and project owners to remove difficulties and expedite disbursement. At the same time, Directive No.735/CT-UBND dated February 27, 2025, was issued to assign clear responsibilities to each department, agency, investor, and relevant unit in implementing tasks and solutions to boost public investment disbursement. The province continues to maintain a dedicated task force to regularly inspect, urge, and promptly resolve emerging obstacles, thereby creating the most favorable conditions for timely project implementation.

With decisive, flexible, and close direction from provincial leaders and coordinated efforts from all levels and sectors, Điện Biên is determined to fully disburse its 2025 public investment plan and create momentum for socio-economic development across the province.

Nhật Phương
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