Lam Dong Localities Surpass 40% Public Investment Disbursement
On July 2, Nguyen Hong Hai, Member of the Provincial Party Standing Committee and Vice Chairman of the Lam Dong Provincial People's Committee, chaired a meeting to review the implementation and disbursement of public investment capital in 2026. The meeting was held in a hybrid format, connecting with 20 communes and wards across the province.
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Maintaining Momentum for Full-Year Investment Targets
According to the Department of Finance, as of June 30, the total public investment plan allocated to 124 communes and wards exceeded VND 1.344 trillion, of which more than VND 718 billion had been disbursed, reaching 53.42% of the assigned plan.
The 20 communes and wards participating in the meeting were allocated more than VND 233 billion, with nearly VND 124 billion already disbursed, equivalent to 53% of the planned capital.
By the end of June, most localities had achieved disbursement rates ranging from over 40% to more than 70% of their assigned capital plans.
The results exceeded the minimum 40% target set by the Chairman of the Provincial People's Committee, reflecting positive progress in project implementation while laying a solid foundation for accelerating disbursement during the third quarter and throughout 2026.
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To speed up public investment disbursement, local authorities have proactively developed weekly, monthly and quarterly implementation plans, assigned clear responsibilities to relevant agencies, regularly inspected construction sites and urged contractors to accelerate construction, project acceptance and payment documentation.
Many projects have already broken ground and are progressing on schedule, creating favorable conditions for faster capital disbursement in the remaining months of the year.
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Despite these positive results, several projects continue to face challenges related to investment procedures, adverse weather conditions and implementation bottlenecks. Nevertheless, local authorities committed to resolving outstanding issues, expediting construction, completing payment documentation and achieving 100% disbursement of the assigned capital plan in accordance with provincial directives.
Concluding the meeting, Vice Chairman Nguyen Hong Hai commended localities for achieving public investment disbursement rates exceeding 40%, meeting the target established by the Chairman of the Provincial People's Committee, with many localities recording particularly strong performance.
He emphasized that public investment disbursement is not merely a matter of meeting financial targets but also an opportunity for localities to improve urban areas and upgrade infrastructure, particularly transport links connecting residential communities with production areas, thereby creating new momentum for socio-economic development.
Local authorities must fully comply with investment procedures in accordance with the law, focus on implementing projects assigned by the Chairman of the Provincial People's Committee, develop detailed implementation plans and establish clear milestones as the basis for monitoring progress and ensuring projects are completed on schedule.
Nguyen Hong Hai, Member of the Provincial Party Standing Committee and Vice Chairman of the Lam Dong Provincial People's Committee
For projects implemented under the Government's Decree No. 217/2026/ND-CP, which provides detailed guidance on several provisions of the Construction Law regarding construction management, local authorities are required to carry out all prescribed procedures simultaneously, including additional appraisal of project designs and cost estimates before submitting them to the Department of Construction for review.
Vice Chairman Nguyen Hong Hai also directed that all projects included in the first-round capital allocation approved in June 2026 must commence construction and begin disbursement during July.
The Department of Construction was instructed to urgently issue detailed guidance on project implementation procedures, clearly identifying steps and potential areas where errors may occur so that communes and wards can ensure full compliance with regulations.
Meanwhile, the Department of Finance was assigned to expedite the appraisal of investment policy proposals to ensure projects proceed on schedule and public investment capital is disbursed as planned.