As 2025 enters its final quarter, Bac Ninh Province is ramping up efforts to accelerate public investment disbursement. By October 21, 2025, the province had disbursed VND 11.75 trillion, or 57.6% of its annual plan — higher than the national average of 50.7%. The disbursement rate is expected to reach 61.3% by the end of October. Despite this positive performance, a substantial portion of the capital remains undisbursed, concentrated in the final months of the year. To meet its ambitious target, the provincial People’s Committee is taking decisive steps, including reviewing, reallocating, and reprioritizing funding to ensure resources flow to urgent and high-impact projects.
Recently, the province approved an additional VND 661.45 billion under the 2021–2025 mid-term public investment plan (second round) and the 2025 annual plan. Of this, VND 111.6 billion has been allocated to district-level projects now managed by the province but executed by commune-level investors, while VND 549.9 billion was earmarked to help communes and wards clear long-standing construction debts. Major beneficiaries include Luc Nam District (VND 104.1 billion), Hiep Hoa District (VND 115.9 billion), and Viet Yen Ward (VND 23.7 billion).
This new funding became available after the province reduced preliminary investment allocations (VND 70.5 billion), cut support for certain local projects (VND 115.1 billion), and trimmed contingency and reserve funds (VND 447 billion), including VND 28.7 billion from the Gia Binh Airport Project (Phase 2).
At the same time, Bac Ninh reallocated VND 336.9 billion from three large projects managed by provincial project management boards (PMBs). The capital was redistributed to 11 ongoing provincial projects (VND 112.4 billion) and 27 district-level projects now under commune management (VND 224.5 billion) to pay for completed workloads and speed up implementation.
One major project impacted by this adjustment was Component Project 1.3 – Compensation, Support, and Resettlement under the Hanoi Capital Region Ring Road 4. With total investment capital of VND 3.15 trillion, the project, managed by Bac Ninh Transport and Agriculture PMB No. 2, saw its allocation reduced by VND 180 billion. The released funds — VND 99 billion — were redirected to other provincial projects, while VND 81 billion was reassigned to commune-level initiatives.
Similarly, the Provincial Road Network Improvement Project (DT.295C, DT.285B, and DT.277B), which connects Bac Ninh City and key industrial zones with National Highway 3 and the Ring Road 4 corridor, had its mid-term capital plan reduced by VND 13.4 billion. According to the Department of Finance, the adjustment reflects an effort to better align funding with real project needs after a year-end review.
Reallocated funds have also been channeled to newly launched and high-priority projects. The province added VND 30 billion to the Yen Phong District Cultural and Sports Center (Phase 2), bringing its total allocated capital to VND 190 billion; VND 15 billion to the road upgrade project from National Highway 17 to Xuan Lai Village in Gia Binh District; and VND 10 billion to the IT-based public broadcasting system project in Yen Phong District, which is set for completion in 2025.
In addition, Bac Ninh has proposed an extra VND 20 billion for the Phat Tich – Dai Dong Thanh Bridge, a key infrastructure project spanning the Duong River and linking Tien Du and Thuan Thanh districts. The bridge, with total investment of VND 1.93 trillion, has already received VND 1.06 trillion in allocations as of mid-September 2025.
Part of the reallocated budget will also be used to settle legacy construction debts, improving fiscal transparency in the province’s investment portfolio. A total of VND 40.06 billion — sourced from 2024’s budget surplus and savings — was approved for debt repayment on completed and audited projects. These include Hoan Son Primary School in Tien Du District (VND 18.3 billion), the Bach Mon–Lac Ve Road Project (VND 6.5 billion), and restoration works under the Luy Lau Ancient Citadel and Tu Phap Temples Project (VND 4 billion).
Local authorities emphasize that this proactive capital reallocation strategy will help unlock idle funds and prioritize resources for projects with immediate socio-economic impact. With these adjustments, Bac Ninh aims to achieve a disbursement rate exceeding 95% by the end of 2025, reinforcing its position as one of the top-performing provinces nationwide in public investment management and infrastructure development.