The Directive of the Prime Minister on speeding up and improving the quality of the formulation of the medium-term public investment plan for the 2021-2025 period

On 23/5/2021, the Prime Minister issued the Directive No. 13/CT-TTg on speeding up and improving the quality of the formulation of the medium-term public investment plan for the 2021-2025 period.

According to the Directive, the world and regional economic situation continues to be complicated and unpredictable; the impact of the Covid-19 pandemic is supposed to last long, greatly affecting the achievement of the country's socio-economic development goals. Meanwhile, the country's economy still has many limitations and shortcomings. The requirements for development investment, especially in infrastructure, environmental protection, natural disaster prevention, climate change adaptation, etc. are very large and urgent. In that context, the effective formulation and implementation of the medium-term public investment plan plays a very important role, contributing to the creation of new production capacity, attracting investment, and promoting the socio-economic development in the short, medium and long term.

The Prime Minister highly appreciated the content of the report on the evaluation of the performance of the medium-term public investment plan for the 2016-2020 period and the proposed medium-term public investment plan for the 2021-2025 period mainly made by the Ministry of Planning and Investment; in which ministries, central and local agencies have made great efforts and actively contributed to the development of the medium-term public investment plan as required. However, there are still a number of ministries, agencies and localities that are slow to submit reports, of low quality, and not strictly comply with regulations; the capital allocation plan is still spread out, not focusing on key works and projects; the number of newly started projects is high, in which there are projects that are not arranged according to regulations...

To ensure the quality and progress of construction and submit to competent authorities for consideration and decision on the medium-term public investment plan for the 2021-2025 period, the Prime Minister requested the Ministers and Heads of ministerial-level agencies, Governmental agencies, other central agencies, socio-political organizations; the Secretary of the Party Committee of the province and city, and the Chairmen of the People's Committees of the provinces and centrally-run cities to focus on directing the performance comprehensively and drastically with the view of direction as follows:

- To follow up and concretize the viewpoints, goals, tasks, solutions, 03 breakthroughs mentioned in the 10-year socio-economic development strategy 2021-2030, the 5-year socio-economic development direction 2021 - 2025 approved by the 13th National Party Congress, ensure the common goals and interests of the country and people.

- To invest with focus on key industries and fields, driving force regions, growth poles, national large and important projects, large-scale projects, the ones of inter-regional connectivity, local important and urgent projects to improve the efficiency of using public investment capital, ensure spillover effects, create new development space and new motivations and capacities, promote the development of branches, fields and localities; at the same time, paying attention to the projects on natural disasters, epidemics, climate change prevention, ensuring social security, and taking care of people's lives.

- To resolutely overcome the situation of scattered, wasteful and inefficient investment; each ministry, agency and locality must focus on carefully reviewing and sharply reducing the number of projects, especially newly started ones; resolutely abolish the "ask - give" mechanism and fight against negativity, corruption and group interests; tighten discipline; step up decentralization and assignment of duties going hand in hand with strengthening supervision, inspection, performance evaluation and reward and strict discipline; promptly remove difficulties and obstacles, especially in terms of institutions, administrative procedures and ground clearance.

- Public investment capital must really play a leading role, as a primer to attract maximum resources from other economic sectors according to the motto "public investment leads private investment" to serve the socio-economic development goals, especially investment in the development of infrastructure systems in the form of public-private partnership.

- To focus on directing and improving the effectiveness and efficiency of the formulation and implementation of the medium-term public investment plan for the 2021-2025 period; strengthen discipline, clearly define the responsibilities of relevant organizations and individuals, uphold the responsibilities of the head and ensure close and timely coordination at all levels, sectors, localities, agencies and units.

The tasks that need implementing immediately for ministries, central and local agencies:

- To urgently absorb the appraisal opinions of the Ministry of Planning and Investment, organize a review of all projects that are expected to arrange medium-term public investment plan for the period of 2021 - 2025; resolutely cut off projects that are not really necessary and inefficient; reduce the number of newly started projects, especially the ministries, central agencies and localities that have many newly started projects, ensure that each newly started project must have a specific explanation for the reason and take full responsibility before the Government and the Prime Minister for the necessity, investment efficiency and compliance with legal regulations. Central budget capital shall not be allocated for local start-up projects of group C, unless otherwise approved by the Prime Minister. Programs and projects conducted in 02 periods of the medium-term public investment plan must comply with regulations and must not exceed 20% of the total capital as prescribed in Clause 2, Article 89 of the Law on Public Investment. The target of the total number of public investment projects from the central budget of the whole country in the 2021-2025 period is about 5,000 projects.

- To actively use the announced central budget capital (excluding the amount of capital recovered in advance, key projects, projects with regional connectivity, coastal roads announced in the Document No. 419/TTg -KTTH dated April 2, 2021) to arrange for recovery of advance capital from the list of projects that have not been aggregated and reported in the medium-term public investment plan for the period of 2016 - 2020 and not approved to postpone the recovery of advance capital by competent authorities (if any).

- To allocate capital from the central budget at least equal to the capital level announced in the Document No. 419/TTg-KTTH for objectives, tasks, key projects, projects with regional connectivity and coastal roads; in case of lower capital allocation, the difference shall be returned to the central budget; allocate local budget to perform the tasks of compensation, site clearance and the deficit as compared to the total approved investment to complete and promote the investment efficiency of the project.

- To direct units to urgently complete procedures for formulation, appraisal and approval of investment policies in newly started projects to incorporate them into the medium-term public investment plan for the 2021-2025 period; fully prepare conditions and procedures for approving investment decisions, estimates, designs... of key projects, projects with regional connectivity, coastal roads, transport infrastructure, energy ... so that they can be carried out as soon as the medium-term public investment plan for the period 2021 - 2025 is approved.

- To propose mechanisms and policies to be supplemented and amended to ensure the effective implementation of the medium-term public investment plan for the 2021-2025 period.

In addition, the Directive also sets out requirements for making plans, tasks and organization of implementation.

Source: Hoang Ha