Bac Ninh accelerates public investment disbursement

The year 2025 is considered a pivotal and important year, marking the final stage of Bac Ninh’s 2021–2025 medium-term public investment plan, and playing a decisive role in fulfilling the province’s socio-economic development goals, especially the target of achieving economic growth of 10 percent or more.

The Standing Committee of the Provincial Party inspects Package No. 16 in Bac Ninh City

Bac Ninh is the only locality to meet and exceed growth targets across all four sectors, leading in implementing the “growth commitment” policy. Its GRDP in Q1 2025 is estimated to increase by 9.05% year-on-year, surpassing the projected scenario by 2.75 percentage points. The services sector was the main growth driver, recording a growth rate of 9.78%.

Bac Ninh is determined to achieve 100% of its 2025 public investment disbursement plan

Mr. Vuong Quoc Tuan, Chairman of the Bac Ninh Provincial People's Committee has requested the implementation of measures to remove difficulties and accelerate the progress of projects, as well as the disbursement of public investment for 2025. In Official Document No. 1432/UBND-KTTH, dated April 8, 2025, he instructed the implementation of the Prime Minister's directive on accelerating the disbursement of public investment in 2025.

On April 18, 2024, the Bac Ninh Provincial People's Committee issued Directive No. 05/CT-UBND regarding the acceleration of public investment disbursement in 2025. The goal is to ensure the effective implementation of the 2025 public investment plan, with the target of disbursing 100% of the allocated capital, thereby creating momentum to boost the province's economic growth. The Chairman of the Provincial People's Committee has instructed Directors/Heads of departments, agencies, Chairmen of district and commune People's Committees, investors, and related units to urgently focus on carrying out the following key tasks:

First, all levels, sectors, and localities must thoroughly grasp and closely follow the guidelines and directives of the Government, the Provincial Party Committee, and the Provincial People’s Council and People’s Committee; enhance awareness of the role and significance of public investment in achieving the socio-economic growth targets for 2025;

Second, taking strong and determined actions to remove obstacles and difficulties, with a focus on compensation, support, and resettlement work;

Third, accelerating the implementation and disbursement of projects, with a focus on key projects and those funded by the central budget: Focusing on executing projects according to the committed schedule; shortening the time required for administrative procedures and address bottlenecks, especially for the "24-Hour Green Lane" and "60% Green Lane" projects; strengthening leadership, direction, and regular inspection and supervision; enhancing guidance, inspection, and oversight of investment procedures;

Fourth, speeding up the payment and settlement of investment capital: Strengthen the disbursement of investment funds. Expedite the final settlement of completed projects while enhancing the effectiveness of oversight and handling of violations;

Fifth, strengthening discipline, compliance, and accountability in public investment management: Conducting inspections and evaluations of the implementation of the public investment plan; proposing the development of a regulation on evaluation and ranking, linked to the disbursement results and implementation of public investment tasks and projects.

Mr. Vuong Quoc Tuan assigned the Department of Home Affairs to take the lead, in coordination with the Department of Justice and the Department of Finance, to advise the Provincial People's Committee on issuing a regulation on the evaluation and emulation ranking for 2025. This will apply to collectives and individuals under the provincial management, based on the results of public investment disbursement in 2025. The deadline for reporting to the Provincial People's Committee is within the second quarter of 2025.

DT285B Project, Yen Phong District

He stated that Bac Ninh is taking strong, determined, and effective measures to accelerate the disbursement of public investment capital, striving to achieve 100% disbursement of the 2025 public investment plan as assigned by the Prime Minister. The province aims to use public investment to lead private investment and to strengthen public-private partnerships.

Bac Ninh province clearly identified the obstacles and causes of slow disbursement for each specific project in order to directly provide timely guidance and solutions; focused on expediting land clearance, resolving difficulties in construction material supply, and accelerating the progress of key national projects; promptly reallocated capital from projects with slow disbursement to supplement funding for well-performing projects with additional capital needs; accelerated disbursement while ensuring the quality of the projects, without allowing corruption, waste, or negative practices to occur; took timely action against staff with poor performance, lack of responsibility, passing the buck, evading tasks, or failing to complete disbursement duties; took full responsibility before the Provincial People's Committee and the Chairman of the Provincial People's Committee for the results of public investment disbursement in 2025 for their respective units or localities; assigned the Department of Finance to take the lead in compiling weekly reports on the public investment disbursement situation and promptly report to the Chairman of the Provincial People's Committee for review and direction.

Require units, investors, and localities to commit weekly and monthly disbursement

According to Mr. Do Van Ha, Deputy Director of the Bac Ninh Department of Finance, the Department has been tasked with coordinating with relevant departments and agencies to advise and urge units to accelerate project implementation and disbursement of the 2025 public investment plan; compile reports to develop plans and commitments for weekly and monthly disbursement of the 2025 public investment plan from units, investors, and localities; organize regular monthly and quarterly meetings with investors and related units to review project progress; proactively urge and guide investors to complete investment procedures to ensure the conditions for capital allocation and disbursement according to regulations; review and reduce unnecessary administrative procedures, shorten the time for investment policy appraisal, project approval, approval of construction design and cost estimates, as well as the appraisal and approval of bidding plans;

On April 15, 2025, the Bac Ninh Provincial People's Committee issued Decision No. 650/QD-UBND on the establishment of a working group and a support team to monitor, urge, and resolve difficulties and obstacles, accelerating the disbursement of public investment capital in 2025 and in the following years.

Recently, the Bac Ninh City People's Committee, Thuan Thanh and Que Vo Towns, Yen Phong District have gradually resolved the land clearance and resettlement issues for key projects, regional linkage projects, and the Economic-Social Recovery and Development Program, including the Ring Road 4 Project, and the provincial road projects 295C, 285B, 277B, etc. According to the Provincial People's Committee's direction, the People's Committees of Yen Phong District and Bac Ninh City are required to focus, act decisively, and creatively in land clearance efforts, ensuring the full handover of the remaining land area to investors by May 30, 2025, contributing to the timely completion of the projects with the highest quality and investment efficiency.

Chairman of the Bac Ninh Provincial People's Committee Vuong Quoc Tuan inspects land clearance and progress of the Ring Road 4 - Hanoi Capital Region project passing through Bac Ninh province

At the same time, Bac Ninh province focused on implementing tasks and solutions to remove difficulties and obstacles, accelerating the progress of project implementation and disbursement of public investment capital, especially for projects using central government budget funds, funds from the Economic-Social Recovery and Development Program, and key and important projects such as: Ring Road 4, Kenh Vang Bridge, provincial roads 295C, 285B, 277B; Gia Binh Airport, Mr. Ha said.

These days, at the key national project of Ring Road 4 - Hanoi Capital Region, passing through Bac Ninh province, the construction of the road, demolition of structures and assets on the land for land handover to the investor is progressing very urgently and decisively. In addition, the road project connecting Gia Binh Airport to Hanoi Capital is also being actively implemented… This will be a great opportunity to open up new development space for the province, affirming the role of “transportation leading the way, paving the road” for development goals.

Along with the two key national projects, the province is urging relevant departments, sectors, and localities to quickly complete several provincial-level transportation projects, such as: the Kenh Vang Bridge project connecting Bac Ninh and Hai Duong provinces, expected to be joined by September 2; the provincial road projects DT.295C and DT.285B connecting Bac Ninh City through industrial zones to the new National Highway 3; and DT.277B connecting to Ha Bac 2 Bridge and Ring Road 4, expected to be fully opened by June 30, 2025

These key transportation projects have strong intra-provincial, inter-provincial, and regional connectivity, not only playing an important role in completing a modern and synchronized transport infrastructure system, but also opening up new development space for the province to attract investment and keep pace with international integration.

On April 28, 2025, the Bac Ninh Provincial People's Committee held a technical opening ceremony for the DT.277B road project, worth nearly VND 1,500 billion, connecting to the Ha Bac 2 Bridge (Bac Giang)

According to the master plan, after the merger of the two provinces, a total of 12 bridges are expected to span the Cau River, serving as a crucial foundation for planning and developing a modern, synchronized industrial city along the river, with strong future growth potential and a century-long vision.

The 2025 public investment capital plan was assigned by the Prime Minister under Decision No. 1508/QD-TTg dated December 4, 2024, with a total amount of VND 7,618.243 billion, including VND 6,930.170 billion from the local budget and VND 688.073 billion from the central budget for targeted support. According to the Bac Ninh Department of Finance, as of May 6, 2025, the province had disbursed VND 2,455.7 billion (including carry-over capital), equivalent to 31.5% of the amount allocated in detail by the three levels of People’s Committees (province, district, commune); 31.1% of the capital assigned by the Government (including VND 270 billion in carry-over central budget); and 21.1% of the amount allocated in detail by the provincial People’s Committee and assigned to district-level People’s Committees.