Supervision over investment projects approved by the Provincial People’s Council for the 2021–2025 Period

(ĐN) - On October 20, a supervisory delegation from the Dong Nai provincial People's Council convened a working session with relevant agencies to review the implementation of projects approved by the provincial People's Council for the 2021-2025 period. The session was co-chaired by Tran Van Mi, Member of the provincial Party Committee and Vice Chairman of the provincial People's Council, who heads the delegation, and Huynh Viet Cuong, Head of the Economic and Budget Committee of the provincial People's Council, who serves as Deputy Head of the supervisory delegation.

Tran Van Mi, Member of the provincial Party Committee, Vice Chairman of the Dong Nai provincial People's Council and Head of the supervisory delegation, delivers his concluding remarks at the working session. Photo: Hoang Loc. The delegation worked with the Department of Finance, the provincial Construction Investment Project Management Board, and the Provincial Land Fund Development Center to receive reports on the progress and results of implementing projects under the provincial People’s Council’s authority to approve investment policies for the 2021–2025 period. Tran Anh Tu, Deputy Director of the Department of Finance, stated that during the 2021–2025 period, the People's Council of former Dong Nai province issued 29 resolutions on the approval and adjustment of investment policies for public investment projects in groups A, B, and C; similarly, the People's Council of former Binh Phuoc province issued 54 resolutions. Before the administrative merger, in the former Dong Nai province, 56 projects were approved by the provincial People’s Council in terms of investment policy, with a total investment of over VND 41 trillion; in the former Binh Phuoc province, there were 50 projects worth more than VND 10 trillion. Regarding adjustments to investment policies, former Dong Nai province had 43 projects with a total investment of over VND 20 trillion, while former Binh Phuoc province had 6 projects with a total investment of over VND 2.8 trillion. Huynh Viet Cuong, Head of the Economic - Budget Committee of the Provincial People's Council and Deputy Head of the supervisory delegation, speaks at the working session. Photo: Hoang Loc

Current implementation status shows in the former Dong Nai Province, 7 projects have been completed and put into operation, 23 are under transitional implementation, 15 have witnessed construction commencement, while the remaining projects are either undergoing subsequent procedures or temporarily suspended. In the former Binh Phuoc province, 12 projects have been completed, 16 are under transitional implementation, 2 have witnessed construction commencement, while the remaining projects are either in the process of completing necessary procedures or are temporarily suspended.

During the working session, the provincial Land Fund Development Center provided a detailed report on compensation and site clearance for public investment projects, along with revenue generated from auctions of land use rights. The provincial Construction Investment Project Management Board reported on the implementation progress of projects where it serves as the designated investor.

Tran Anh Tu, Deputy Director of the Dong Nai provincial Department of Finance, reports at the working session. Photo: Hoang Loc

Tran Van Mi, Vice Chairman of the Provincial People's Council, Head of the supervisory delegation, explained that the monitoring aims to assess how well the council's approved investment projects are being implemented. Through field inspections and meetings with relevant units, the delegation will gather feedback about implementation challenges and submit these findings to appropriate authorities for guidance. This process helps ensure that the projects approved or adjusted by the provincial People’s Council stay on track, meet their deadlines, and support the province's socio-economic development and security goals through 2025 and beyond.

"With limited time remaining in 2025, Dong Nai still faces three major targets: achieving double-digit economic growth, collecting at least VND 100 trillion in state budget revenue, and fully disbursing all public investment capital," the Head of the delegation emphasized. "Successfully implementing projects with approved investment policies that have been approved or had their investment policies adjusted is therefore crucial to meeting these objectives."

Chu Tien Dung, Deputy Director of the provincial Land Fund Development Center, reports on compensation and site clearance work for the projects. Photo: Hoang Loc

Huynh Viet Cuong, Head of the Economic and Budget Committee of the provincial People's Council, urged the monitored agencies to implement more decisive measures in advancing public investment projects.

To get projects moving, the Deputy Head of the supervisory delegation directed agencies to tackle the logjams in land compensation and auctions. He specifically highlighted the need to resolve the specific obstacles preventing several projects from even qualifying for the provincial committee's final investment sign-off.

By Hoang Loc - Translated by Thien Kim, Thu Ha