Accelerating Progress and Enhancing Public Investment Efficiency

In 2025, adhering to assigned tasks and plans, the Phu Tho Regional Project Management Board (the Board) has focused on urging and accelerating construction progress and site clearance for projects under the current capital allocation, ensuring disbursement remains on schedule. Simultaneously, the unit has prioritized investment preparation for projects funded in 2025 while reviewing and proposing a project portfolio for 2026 and the 2026–2030 period.

Following mergers and the acquisition of projects from the district level, the Board is currently managing 204 projects with a total 2025 capital plan of 3,500 billion VND. By asserting its role in construction investment management, the unit has guaranteed the progress and quality of numerous key works, leading to positive shifts in disbursement and capital management.

The Board has proactively resolved bottlenecks during implementation to meet technical and quality standards, ensuring that completed projects achieve multi-purpose efficiency upon handover. Payment and disbursement processes have been executed promptly, enabling contractors to speed up construction. The total executed value in 2025 reached 1,900 billion VND.

The regional connectivity road linking Ho Chi Minh Road with National Highway 70B and National Highway 32C (Phu Tho to Yen Bai) has reached over 96% of the construction volume for both main and branch lines; several sections have been officially handed over for use.

In addition, the Board closely coordinated with localities to accelerate the progress of compensation and land clearance, promptly resolving difficulties and creating favorable conditions for construction. Notable projects include: the renovation, reinforcement, and upgrading of Au Co road; the Ngoi Gianh lake and canal system, with the first phase of items basically completed; the inter-regional road connecting the Ho Chi Minh Highway with National Highway 70B and National Highway 32C (from Phu Tho province to Yen Bai province), achieving over 96% of the main and branch road construction volume; the renovation and upgrading of the road connecting Provincial Road 325B to the Ho Chi Minh Highway and Ngoc Thap bridge, and the rescue and relief route, basically completed, reaching 98% of the construction value; and the renovation and upgrading of the road connecting National Highway 32 with National Highway 70, basically completed.

Parallel to accelerating ongoing projects, the Board has prepared investments for and commenced several vital works, such as the Thuc Luyen Reservoir; reinforcement and upgrading of critical dyke and embankment sections, along with flood-control wall systems on the Thao River (integrated with National Highways 2D and 32C); and the restoration of infrastructure and landscapes at the Hung Temple Historic Site. During the year, the unit handed over and put into operation eight projects and components.

The Board also focused on completing land-use purpose conversion procedures for projects already in operation. Within the year, it finalized land-use conversions for nine resettlement projects and coordinated land allocation for eligible households. The management, allocation, and payment of investment capital have strictly adhered to legal regulations for state-funded projects, ensuring they are timely and purpose-driven, which contributes to higher investment efficiency and on-schedule disbursement.

Notably, through a comprehensive review of all ongoing works, the Board directed the adjustment of 9 projects and modified the construction designs for 15 works. These timely adjustments helped resolve discrepancies between design documents and actual field conditions arising from new factors, ensuring compliance with capital allocation. This guarantees that finished projects achieve high efficiency and strictly follow construction investment procedures.

Entering 2026, the Phu Tho Regional Project Management Board is determined to continue its excellence in managing investment projects across all sectors. The focus will be on mobilizing and attracting resources to ensure project management costs cover salaries and regular expenditures. The unit strives to finalize and handover ongoing projects, commence new works, and accelerate progress according to the 2026 capital plan, while settling advance payment debts and following investment preparations for the public investment phase leading to 2030.

Furthermore, the Board will continue to strengthen the management of technology, quality, volume, and progress; fully implement construction investment sequences; and manage capital payments promptly and properly. A key priority remains resolving persistent site clearance issues at certain projects.

According to Mr. Pham Xuan Son, Director of the Phu Tho Regional Project Management Board, the unit will proactively follow the directives of the Provincial People’s Committee and relevant departments to ensure progress, technical standards, and quality. They will increase field presence to urge construction, coordinate closely with local governments and the Land Fund Development Center to speed up site clearance, and strictly implement anti-corruption and waste prevention regulations from the investment preparation phase until the works are operational.

Le Oanh