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Public investment should prioritise climate change response: PM

Prime Minister Nguyen Xuan Phuc has requested ministries to prioritise capital in the medium-term public investment plan for 2016-2020 to natural disaster prevention and climate change response in the time ahead.
Public investment should prioritise climate change response: PM ảnh 1Prime Minister Nguyen Xuan Phuc (standing) chairs the Government meeting in Hanoi on August 13 (Photo: VNA)

Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc hasrequested ministries to prioritise capital in the medium-term public investmentplan for 2016-2020 to natural disaster prevention and climate change responsein the time ahead.

He made the request at a Government meeting inHanoi on August 13 that discussed the allocation of the 10 trillion VND (over430.6 million USD) which is the reduction of the capital initially planned forprojects of national importance in the medium-term public investment plan for2016-2020.

PM Phuc asked the Ministry of Planning andInvestment to review the remaining investment capital of the 2016-2020 periodso as to make appropriate allocation plans in which important and urgentprojects promoting regional connectivity and developing disadvantaged areasshould be prioritised, particularly those on natural disaster prevention andcontrol and climate change response.

He also told this ministry to work with relevantagencies to build the public investment allocation plan for 2020 to submit forconsideration, stressing that they must prioritise disadvantaged areas,especially the Mekong Delta and the northern mountainous region, as well as thecritical projects that will promote private investment attraction andsocio-economic development.

In this regard, the Government has adhered tolegal regulations and resolutions of the National Assembly and the NationalAssembly Standing Committee to ensure transparency and prevent interest groups,corruption and wastefulness, he added.

Also on August 13, the Government membersscrutinised the funding for the Huu Nghi-Chi Lang and Dong Dang-Tra Linhexpressways running through the border provinces of Lang Son and Cao Bang.These are the projects crucial to economic development of northern localities.

Huu Nghi-Chi Lang Expressway will be an arteryof the economic corridor traversing Nanning of China and Lang Son, Hai Phongand Quang Ninh of Vietnam.

The route from Hanoi to Cao Bang, where the TraLinh border gate is located, is currently 280km long, taking 5.5-6 hoursdriving. Once opened, the two roads, together with Bac Giang-Lang SonExpressway, will help cut down the travelling time to 2-2.5 hours.-VNA
VNA
#medium-term public investment plan for 2016-2020 #natural disaster prevention #climate change response #investment capital of the 2016-2020 period #public investment allocation plan for 2020 #Huu Nghi-Chi Lang expressway #Dong Dang-Tra Linh expressway #updated Vietnam news #Vietnamplus #Vietnam News Agency
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