Identifying public investment as the growth engine, steering the economy, Phu Yen province has promptly directed departments, branches, investors and local People's Committees to actively accelerate the construction progress of projects and works using public investment capital; determined to achieve the highest rate of public investment capital disbursement in 2025.

The investor urging contractors to construct the DT650 project, the section through Son Hoa district, to complete the entire project this year

From the beginning of 2025, the Government and the Prime Minister have issued many documents strongly directing the allocation and disbursement of public investment capital in 2025. However, the detailed allocation results of the public investment capital plan for 2025 as of January 23rd only reached 96.07% of the plan assigned by the Prime Minister; the amount of capital that has not been allocated in detail is still quite large (about VND 84,840.5 billion) of 26 ministries, central agencies and 48 localities; disbursement by the end of January reached 1.26% of the plan assigned by the Prime Minister (the same period in 2024 was 2.58%).

For Phu Yen province, the total public investment capital in 2025 managed by the province is VND 4,783.55 billion (an increase of VND 15.95 billion compared to the central government's allocation), up to now, about VND 3,962.78 billion has been allocated in detail (reaching 82.8% of the total allocated capital). The Provincial Party Committee has issued a document requesting the Party Organization of the Provincial People’s Committee, the District Party Committees, the City Party Committees, and the Town Party Committees to thoroughly grasp and clearly identify the disbursement of public investment capital according to the plan as one of the annual key tasks, requiring the participation of the entire political system; requesting to include in public investment capital disbursement results into the annual assessment and classification criteria of relevant collectives and individuals; focusing on removing difficulties, resolving bottlenecks, and promoting public investment capital disbursement.

According to Mr Ta Anh Tuan, Deputy Secretary of the Provincial Party Committee, PCC Chairman, the Provincial People's Committee has directed relevant departments, branches, investors and People's Committees of localities in the province to focus on handling difficulties and obstacles of public investment projects. In addition, the investors focus on urging and accelerating the implementation progress of each project and the progress of disbursement of public investment capital associated with improving the quality of works; especially key works, welcoming the Party Congresses at all levels, term 2025-2030. Heads of agencies, units, localities, and investors further enhance their responsibilities in the work of on-site inspection and supervision; directing, urging, promptly identifying difficulties and obstacles to handle or report; proposing to competent authorities for direction and handling. With the disbursement of public investment capital in 2024 reaching nearly 92%, the Provincial Construction Investment Project Management Board is urgently implementing solutions to achieve higher targets in 2025.

Mr Dang Khoa Dam, Director of the Provincial Construction Investment Project Management Board, said that in 2025, the unit would implement 47 projects. So far, the province has assigned the Provincial Construction Investment Project Management Board about VND 2,000 billion. The Board has developed a detailed plan, focusing on disbursement from the beginning of the year; it is expected that 25% of the capital will be disbursed in the first quarter. In particular, priority is given to a number of projects that must be completed in September 2025, such as: Provincial Maternity and Pediatrics Hospital Project; Renovation and repair of Dien Hong Cultural House; Luong Van Chanh High School for the Gifted.

In Dong Hoa town, the locality is also mobilizing the entire political system to implement solutions. According to Mr Nguyen Le Vi Phuc, Chairman of the Town People's Committee, right after Tet holiday, contractors commenced onstruction at projects in the area. For new projects that are allocated capital in 2025, investors have completed bidding and contract award procedures according to regulations to have enough conditions to start construction and pay the capital plan in the first months of the year. In addition, site clearance work has also been carried out strongly from the stages of preparing documents, appraisal, and propaganda to mobilize people to implement, etc. Specialized departments focus on solving and handling difficulties and problems in the site clearance process. When solving, they must clearly determine the time to completely handle the problems, and at the same time report to superiors on cases beyond their authority to resolve.