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Gia Lai posts strong Q1 public investment disbursement, ranks 13th nationwide

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Gia Lai province reported strong public investment disbursement in the first quarter of 2026, allocating more than VND 1.763 trillion (about $72 million), equivalent to 12.3% of the Prime Minister’s target and 11.3% of the provincial plan.

The result places Gia Lai 13th among 34 provinces and cities nationwide, reflecting steady progress despite external economic pressures.

Key infrastructure projects have maintained both construction momentum and payment flows. The Provincial Management Board for Transport and Civil Projects, currently overseeing 36 major projects, reported stable operations with disbursement reaching 42.3% of allocated provincial capital.

At the coastal road project linking National Highway 1D to the new National Highway 19, construction remains active. Package No. 2, valued at nearly VND 391 billion (around $16 million), includes the Nhơn Bình, Sông Dinh and Hà Thanh flood-overflow bridges and is over 90% complete.

Contractors said rising costs for fuel, materials and labour have affected revenues, but timely payments from investors have eased financial pressure and supported continued progress.

Construction Company 510 JSC is currently working on components of the coastal road project, from National Highway 1D to the new National Highway 19. Photo: T.S

Other major units, including the Provincial Management Board for Agricultural and Rural Development Projects and the Provincial Land Fund Development Center, have also recorded positive disbursement outcomes. At the local level, Bồng Sơn Ward leads with VND 20.31 billion disbursed (approximately $830,000), reaching 73.1% of its annual plan.

Overall, 18 of 20 provincial-level investors and 64 of 153 commune-level investors have disbursed capital in the first quarter.

At a provincial conference on April 11, Standing Vice Chairman Nguyễn Tuấn Thanh praised investors for maintaining progress and emphasized that public investment remains a central driver of economic growth.

He called for stricter oversight, clearer accountability and detailed monthly and quarterly disbursement plans. Authorities were also instructed to address bottlenecks promptly and ensure that project implementation aligns with approved objectives to maximize efficiency.

Gia Lai aims to fully disburse its 2026 public investment plan, reinforcing its role in supporting sustainable economic development.

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