Public investment aims towards sustainable development and benefits for people

Thursday, 2020-08-27 17:20:11
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Minister of Planning and Investment Nguyen Chi Dung speaks at the conference.
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NDO – The public investment plan for 2021 and the 2021-2025 period should aim towards sustainable development and bring benefits to the people.

The vision was outlined by the Ministry of Planning and Investment (MPI) on August 26 at an online conference on socio-economic developmental planning and public investment for the 2021-2025 period and for 2021 in the Red River Delta region and the Northern midland and mountainous region.

Accordingly, the MPI proposed relevant localities issue specific plans and solutions to remove difficulties and problems in compensation, site clearance, bidding, and speed up the construction progress of projects.

A disbursement plan for each investor should be issued while investors are requested to commit to the disbursement schedule for each project. In a case where disbursement fails to meet the schedule as committed to, capital may be transferred to projects with a good disbursement record.

Local authorities are also responsible for monitoring the implementation progress of each project, making disbursement plans and promptly removing difficulties for each project.

The investment plan of State budget and supplemental capital in 2020 should be proactively reviewed and adjusted in order to speed up the implementation process, and complete and put projects into use in a timely manner.

Organisations, individuals, leaders, cadres and civil servants who violate the law, cause difficulties or slow down the delivery, implementation and disbursement progress of public investment plans must be strictly and promptly dealt with.