Positive signs in public investment disbursement

Public investment disbursement in Dak Lak has delivered encouragng outcomes, exceeding both the target registered with the central government and the provincial disbursement plan. However, considerable pressure remains in the final months of the year, with monthly disbursement needing to reach around 2.5 trillion VND.

According to the Department of Finance, by the end of September 2026, the province had disbursed more than 7.096 trillion VND, equivalent to 101% of the target registered with the Ministry of Finance and 100.91% of the provincial disbursement plan. Of the nine units allocated large amounts of capital, six project management boards had exceeded their cumulative disbursement targets by the end of September, with combined disbursement surpassing the targets by 131.5 billion VND.

Construction of the Khanh Hoa - Buon Ma Thuot Expressway being expedited, helping accelerate public investment disbursement.
Construction of the Khanh Hoa - Buon Ma Thuot Expressway being expedited, helping accelerate public investment disbursement.

Among them, the Management Board for Construction Investment Projects in the provincial eastern area (Board C) disbursed 520 billion VND, exceeding its target of 458 billion VND. As of September 30, 2026, Board C had disbursed more than 2.201 trillion VND, equivalent to 58.4% of its allocated capital. Mr. Dang Khoa Dam, Director of Board C, said the board had drawn up detailed disbursement schedules for each project with specific deadlines and established a “red alert” mechanism to  address delays in bidding packages alongside other tasks promptly. It had also focused on accelerating site clearance and taken measures to ensure an adequate supply of construction materials.

Concurrently, the Management Board for Transport and Agriculture and Rural Development Construction Investment Projects (Board A) had disbursed nearly 89 billion VND against its target of 88 billion VND, reaching 101.8%. By the end of September 2026, its cumulative disbursement had exceeded 1.116 trillion VND. Board A had implemented several key measures, including requiring contractors to mobilise additional workers and machinery to make up for weather-related delays affecting seven projects. It had also focused on construction across multiple sites as soon as land was handed over.

Stepping up disbursement efforts

According to the Department of Finance, despite improvements in public investment disbursement, several obtacles remain. These include sluggish collection of land-use fees, which limits the funds available for project disbursement, site clearance difficulties, and lengthy procedures for ODA-funded projects.

According to comrade Cao Dinh Huy, Director of the Department of Finance, approximately 9.0893 trillion VND remained to be disbursed within the prescribed deadlines. Of this amount, more than 2.788 trillion VND in 2025 capital carried forward must be fully disbursed before December 31, 2026, requiring an average monthly disbursement of more than 929.4 billion VND. Simultaneously, more than 6.301 trillion VND in 2026 capital remained to be disbursed before January 31, 2027, equivalent to an average of 1.5752 trillion VND a month.

Work on the Ea Tam irrigation reservoir project being accelerated.
Work on the Ea Tam irrigation reservoir project being accelerated.

To ensure the disbursement momentum, the Department of Finance will advise the PPC to adjust and reallocate capital from allocations no longer needed or projects facing implementation delays or low disbursement rates to projects requiring additional funding as well as capable of disbursing it. It will also review the causes of delays for each project, clarify responsibilities and authority of relevant agencies, alongside urge corrective action in accordance with regulations.

To accelerate disbursement, comrade Do Huu Huy, Alternate Member of the Party Central Committee, Deputy Secretary of the Provincial Party Committee and PPC Chairman, called on agencies together with project owners to set realistic disbursement targets, speed up project implementation to achieve the highest possible disbursement rate in the final three months of the year. The province will maintain firm oversight and decisive direction, monitor each project along with contractor closely, track disbursement progress weekly, and address difficulties faced by individual project owners coupled with contractors.

Translated by KHUONG THAO 

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