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HCMC achieves 59% of site clearance disbursement in Jan-Nov

The Saigon Times

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HCMC – HCMC had disbursed about VND15,600 billion in site clearance compensation for public investment projects in the year to November 30, achieving 59% of the full-year target, according to a recent report from the HCMC Department of Environment and Natural Resources.

Districts 8, 1, 12, Tan Binh, and Phu Nhuan were the top performers, with disbursement rates exceeding 90%. In contrast, 10 other districts reported disbursement rates of 50% to below 90%.

However, District 6, Tan Phu, Thu Duc City, and Can Gio fell below the 50% threshold. Tan Phu District’s disbursement rate was just over 23% by the end of November. The district faces the challenge of disbursing VND209 billion out of the outstanding amount, as residents do not agree with the compensation policy.

District 3 has not disbursed VND423 billion for those affected by the Metro No. 2 project, as it awaits a conclusion from the HCMC People’s Committee for further proceeding.

The department expected that District 5, through resource mobilization efforts, could raise its disbursement rate to over 90%.

Thu Duc City received the largest funding allocation for site clearance compensation, with more than VND9,500 billion, constituting 36% of the city’s total. Although a substantial amount of VND4,200 billion has been disbursed in the city in recent months, the rate remains at 44%. The department anticipated that the disbursement rate for Thu Duc City could reach a maximum of 61% by the end of the year.

Given the need to disburse more than VND10,800 billion in the rest of the year and the target to disburse over 95% within the city, the department is expediting the resolution of issues related to irrigation projects along the Saigon River and a bus station in Cu Chi District.

The department has also proposed authorizing three districts – Nha Be, Hoc Mon and Cu Chi – to review available land for building resettlement areas.

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