Quang Ngai Province Struggles with Slow Public Investment Disbursement

Quang Ngai province in Vietnam is struggling to disburse its public investment capital, with only 29.5% of the planned funds utilized so far. The province has a total planned capital of approximately 7.161 trillion VND, but only about 2.115 trillion VND has been disbursed as of mid-July.

During a provincial People's Council meeting, officials questioned the reasons behind the slow progress and sought solutions to meet the goal of 100% disbursement by year-end. The provincial Department of Finance reported that the initial capital plan for 2026 was 7.368 trillion VND, reduced to over 7.075 trillion VND after a mandatory 5% cut.

According to the Director of the Provincial Department of Finance, Nguyen Van Trong, the slow disbursement is attributed to several factors. Prolonged delays in compensation and site clearance have hindered construction. The process of determining land prices for compensation has been slow, directly impacting project timelines. Additionally, a scarcity of key construction materials such as fill soil, sand, and stone has caused delays in many bidding packages.

Several significant projects with large capital allocations for 2026 are facing considerable difficulties. These include the Tra Khuc 1 bridge, a rainwater and wastewater collection and treatment system for the city of Quang Ngai, and the Thach Bich park. These projects are complex and involve issues beyond the local authority's scope, necessitating consultation with central ministries and agencies, which has led to extended processing times and prevented timely fund disbursement.