Government bodies at all levels and localities should actively mobilise allcapital resources for infrastructure projects, said Prime Minister Nguyen TanDung in a national teleconference held on March 4.
The government leaderassigned the Ministry of Finance to design a plan on the issuance of five-yeargovernment bonds next year and urged commercial banks to provide loans for smalland medium-sized enterprises.
The PM also instructed the leaders ofmunicipal and provincial people’s committees to judiciously allocate 2010’sinvestment capital to give priority to projects expected to be put into use thisyear and also to mobilise resources to speed up the implementation of theseprojects.
Ministries and relevant agencies should review investmentprocedures, the government leader said, pointing out that weaknesses in thisarea have resulted in slow implementation, poor quality and financial losses forseveral projects.
Although the disbursement of investment capital forconstruction last year was faster than in previous years, it still came up shortof what is required, confirmed ministry and local officials.
Accordingto reports from ministries and local authorities, the number of projects behindschedule last year accounted for 12.7 percent of the total--down from 18.2percent in 2008.
The leaders of ministries, agencies and localitiesshould take responsibility for the slow implementation of construction projects,said the PM./.
The government leaderassigned the Ministry of Finance to design a plan on the issuance of five-yeargovernment bonds next year and urged commercial banks to provide loans for smalland medium-sized enterprises.
The PM also instructed the leaders ofmunicipal and provincial people’s committees to judiciously allocate 2010’sinvestment capital to give priority to projects expected to be put into use thisyear and also to mobilise resources to speed up the implementation of theseprojects.
Ministries and relevant agencies should review investmentprocedures, the government leader said, pointing out that weaknesses in thisarea have resulted in slow implementation, poor quality and financial losses forseveral projects.
Although the disbursement of investment capital forconstruction last year was faster than in previous years, it still came up shortof what is required, confirmed ministry and local officials.
Accordingto reports from ministries and local authorities, the number of projects behindschedule last year accounted for 12.7 percent of the total--down from 18.2percent in 2008.
The leaders of ministries, agencies and localitiesshould take responsibility for the slow implementation of construction projects,said the PM./.
