Comrade Do Huu Huy, alternate member of the Party Central Committee, Deputy Secretary of the Provincial Party Committee, and PPC Chairman chaired a meeting on public investment disbursement to review implementation progress, tackle obstacles during project execution, together with accelerating progress and disbursement in the coming period. The session was connected to localities across the province.

According to report at the meeting, the provincial 2025 total public investment plan, following adjustments and supplements, exceeded 16,175 billion VND. Of the total, nearly 15,978 billion VND has been allocated in detail to investors for public investment programmes and projects in 2025.

As of January 31, 2026, agencies together with investors had disbursed more than 9,961 billion VND, equivalent to 62.3% of the detailed capital plan assigned by the PPC.

Regarding the 2026 public investment plan, of more than 10,469 billion VND in total capital assigned, Dak Lak has allocated over 9,551 billion VND in detail for key tasks and projects, reaching 91.2%. Nearly 918 billion VND remains unallocated.

Comrade Do Huu Huy, alternate member of the Party Central Committee, Deputy Secretary of the Provincial Party Committee, and PPC Chairman, chairing the meeting.

For disbursement outcomes for 2026, as of April 8, 2026, the province had disbursed more than 593 billion VND, reaching 6.22% of the plan.

The provincial disbursement rate remains lower than the national average of 11%. Key constraints include difficulties in compensation alongside site clearance, shortages and price volatility of construction materials amid simultaneous rollout of multiple large-scale projects, as well as unpredictable weather conditions.

This is also a transitional phase in institutions, with many new legal documents taking effect from January 1, 2026, leading to potential challenges in implementing new mechanisms and policies.

At the meeting, participants actively discussed as well as proposed solutions to accelerate disbursement of the 2026 public investment plan.

Concluding the meeting, comrade Do Huu Huy requested that departments, sectors, units, and investors tighten discipline, enhance accountability of agency heads in disbursement work, replace underperforming contractors, develop detailed monthly disbursement plans for Q2 as well as the full year, clearly commit to timelines, alongside using results and commitments as a basis for reviewing investor accountability.

Relevant agencies were also instructed to minimise administrative processing time, flexibly reallocate capital among projects, prioritise removal of site clearance bottlenecks, alongside establish inter-agency inspection teams to monitor and expedite disbursement.

He emphasised that the entire political system must shift from implementation to acceleration, from average performance to breakthrough outcomes. The province will hold monthly meetings to commend well-performing units and strictly discipline those with delays or weak capacity. The ultimate objective is to make public investment a driving force for achieving double-digit economic growth in 2026.

Translated by KHUONG THAO