Bac Ninh seeks to remove bottlenecks, accelerate public investment disbursement
BAC NINH - Authorities in Bac Ninh province are stepping up efforts to accelerate public investment disbursement and address obstacles affecting key infrastructure projects, as the province pushes ahead with its 2026 development agenda and prepares its medium-term investment plan for 2026-2030.
At a survey meeting on June 24, Nguyen Viet Oanh, Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People’s Council, led a delegation to review the implementation of the province’s 2026 public investment plan and the proposed medium-term public investment programme at Bac Ninh Transport and Agriculture Project Management Board No. 1.
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An overview of the meeting. |
According to the board, it has been assigned to prepare investment proposals and act as investor for 57 projects in 2026 with a combined investment value of more than 22.7 trillion VND (862.2 million USD).
Since the beginning of the year, the agency has implemented measures to speed up project execution and disbursement, including assigning clear responsibilities to departments and project managers, conducting regular site inspections, and urging contractors to mobilise personnel and equipment to maintain construction schedules.
As of June 15, the value of completed construction work had reached more than 249.3 billion VND. The board has been allocated capital for 14 public investment projects and four projects involving settlement of completed works, with total planned funding of 1.478 trillion VND.
Disbursement had exceeded 587.2 billion VND by mid-June, equivalent to 39.7% of the annual plan and broadly in line with targets set by the provincial government.
For the 2026-2030 period, the board has been tasked with preparing and managing 45 projects with total planned investment of more than 29 trillion VND.
Medium-term capital demand is estimated at around 22.4 trillion VND, mainly for transport infrastructure, agricultural development, disaster prevention and projects aimed at improving connectivity to support socio-economic growth.
Despite progress, several challenges continue to affect project implementation.
Officials highlighted difficulties in land clearance and compensation procedures, particularly the verification of land origins and completion of compensation plans.
Some projects are also facing delays related to planning approvals, land-use conversion procedures and investment documentation.
In addition, fluctuations in construction material prices and limited material supplies have increased costs and complicated project execution schedules.
The project management board called on provincial authorities and relevant agencies to ensure adequate medium-term and annual funding for priority projects, transitional works and disaster-prevention infrastructure.
It also urged stronger coordination with local governments to speed up land clearance and complete planning and land-related procedures.
Concluding the meeting, Chairman of the Provincial People’s Council Nguyen Viet Oanh praised the board’s efforts but stressed that land clearance remains the decisive factor for project progress and capital disbursement.
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Chairman of the Provincial People’s Council Nguyen Viet Oanh chairs the survey. |
He instructed the board to work closely with local authorities to resolve outstanding issues, establish clear implementation roadmaps and assign specific responsibilities to individuals and agencies.
The provincial leader also called for closer monitoring of project implementation and disbursement performance, including regular reviews to identify slow-moving projects and reallocate capital where necessary.
He further urged coordination with relevant departments to address issues linked to construction material prices, improve market-based price assessments and enhance transparency in project cost estimates.
Regarding the 2026-2030 investment programme, the provincial leader requested the board to accelerate preparation procedures and work with provincial departments to speed up project appraisal and approval processes, ensuring projects are ready for implementation once funding becomes available.
He also instructed the agency to finalise settlement procedures for completed projects, strengthen oversight and ensure compliance with regulations governing construction investment, procurement and public capital management, helping the province achieve its long-term socio-economic development goals.
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