According to Mr. Nguyen Dinh Thong, Acting Director of the Department of Planning and Investment of Tien Giang province, as of December 17, the total disbursement value of the province's public investment capital was VND4,670.5 billion, reaching 90.5% of the plan. In which, the disbursement of local budget capital reached 96% of the plan, the central budget capital reached 77% of the plan. In particular, the disbursement of public investment capital is spread evenly over quarters, not focusing on the end of the year, contributing to socio-economic development, compensating for the declining sectors and fields caused by the Covid-19 epidemic and fight against inflation.
By 2020, the province's public investment will achieve many positive results.
In the process of implementing the public investment plan in 2020, the province has raised VND 5,163 billion, with an increase of 34.2% compared to 2019. This is the year when the highest total public investment capital has ever made, not including investment capital of Trung Luong - My Thuan expressway project.
Mr. Nguyen Dinh Thong said that to achieve the current disbursement rate for public investment, the province has focused on investment preparation; the progress has been shortened compared to the same period last year. On the other hand, the province also strictly controlled and shortened the execution time of bidding packages; focused on site clearance work, at the same time, carried out capital transfer by 2020 between provincial investors and internal investors. In particular, in 2020, in order to promptly solve difficulties and problems in the process of implementing works and projects, the province has set up 04 working groups to check the implementation of public investment in the area led by the Standing Provincial People's Committee, thus achieving many positive results.