Long An improves efficiency of public investment

Over 1.14 trillion VND (49.5 million USD) have been disbursed in the southern province of Long An since the beginning of this year, or 21.9 percent of the target, equivalent to 65.7 percent recorded in the same period last year, reported the provincial Department of Planning and Investment.
Long An improves efficiency of public investment ảnh 1In Long An (Photo: Long An newspaper)

Long An (VNA) – Over 1.14 trillion VND (49.5 million USD) have been disbursed in the southern province of Long An since the beginning of this year, or 21.9 percent of the target, equivalent to 65.7 percent recorded in the same period last year, reported the provincial Department of Planning and Investment.

Director of the department Huynh Van Son said the province allocated over 5.2 trillion VND to projects this year, more than 3.5 trillion VND of which are managed by the province and the remaining by districts.

The sum was used for major socio-economic development and breakthrough programmes, and key works.

The province also earmarked capital to deal with social welfare and national defence-security issues, as well as cope with climate change. Beneficiary projects must be in the list of mid-term public investment plan for the 2021-2025 period.

To improve the efficiency of public investment in remaining months of this year, Chairman of the provincial People’s Committee Nguyen Van Ut asked district authorities stepping up online bidding and disbursement, ensuring openness, transparency, fairness and efficiency in line with the law.

The locality will also continue effectively dealing with difficulties in site clearance, compensation and offer support in resettlement, particularly in major projects, he said./.

VNA

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