Ho Chi Minh City has issued new directives to accelerate the disbursement of public investment capital, with priority given to projects transitioning into 2026.
Yesterday afternoon, Vice Chairman of the HCMC People’s Committee Bui Xuan Cuong signed Official Dispatch No. 4339/UBND-TH, conveying the instructions of the Chairman of the HCMC People’s Committee on public investment disbursement.
Accordingly, the Chairman requested all departments, project management boards, investors, and people’s committees of wards, communes, and special zones to focus on accelerating the disbursement of public investment capital in 2025. Units that have already achieved a disbursement rate of over 80 percent must continue striving to complete the full-year plan, while prioritizing the allocation of capital to projects that will be carried over into 2026.
For units with low disbursement rates, the city requires strengthened on-site inspections, timely removal of obstacles, and a review and reallocation of capital from delayed projects to those with better disbursement capacity. The HCMC People’s Committee also emphasized tighter financial discipline, public disclosure of slow-moving projects, and the preparation of a 2026 public investment plan consistent with the newly rearranged administrative structure, in order to avoid idle capital caused by slow legal adjustments.
The city assigned the Department of Finance to monitor and urge implementation, consolidate reports, and propose matters beyond its authority for the Chairman of the HCMC People’s Committee to review and decide.
