Minister of Transport Nguyen Van Thang speaks at the conference reviewing the first six-months of implementation of public investment disbursement and outlining tasks for the remaining months (Photo: Viet Hung/Vietnam+)
Hanoi (VNA) - The disbursement of public investment capital by the Ministry of Transport in the January-June reached a relatively good rate of 37%. However, the remaining 63% needs to be disbursed by the year’s end, which poses a significant challenge, according to Thang.
He noted that the allocated disbursement amount for 2023 is over 90 trillion VND (3.74 billion USD), which is a substantial sum. Therefore, it is crucial for relevant units to take decisive measures and utilize time effectively to ensure efficient disbursement of the capital.
Strictly handle slow disbursement cases
During the conference reviewing the first six-month implementation of public investment disbursement and outlining tasks for the remaining months of the Ministry of Transport on July 10, Minister Thang emphasized the need to transfer and strictly handle units that are slow in capital disbursement.
He noted that the transport sector made significant progress in the first six months of this year. Key achievements include the improvement of institutions and laws, which has contributed to addressing important issues. Notably, the North-South Expressway and horizontal expressway projects have been actively implemented by ministries and localities, with construction already underway. The disbursement of public investment capital in the sector has also exceeded the national average.
The Minister urged the Department for Roads of Vietnam to deploy comprehensive solutions, strengthen measures against corruption, and propose practical modifications to enhance the efficiency of state management, particularly in post-training driver programmes.
Learners undergo a driving test at a training center in Hanoi. (Photo: Viet Hung/Vietnam+)
Regarding investment in infrastructure construction and the disbursement of public investment capital, the Minister has urged investors to closely monitor construction sites to address challenges in material supply, ensure contractors possess sufficient financial capacity, and accelerate construction of expressways.
Accelerating implementation of projects
According to Uong Viet Dung, Chief of the Office of the Ministry of Transport, investors and project management boards are actively finalizing investment procedures for upcoming projects.
Among these projects, five of them aim to commence construction by the end of 2023, including the Ho Chi Minh Road sections of Cho Chu - Trung Son Junction (28.5km), Rach Soi-Ben Nhat, Go Quao-Vinh Thuan (55km), Chon Thanh-Duc Hoa (nearly 73km), Hoa Lien - Tuy Loan Expressway (over 11km), and Dai Ngai Bridge.
Dung highlighted the determination and efforts made by investors, project management boards, and contractors to ensure the timely completion and quality of significant projects.
Notably, the Mai Son-National Highway 45, Phan Thiet-Dau Giay, Vinh Hao-Phan Thiet, and Nha Trang-Cam Lam sections of the North-South Expressway, as well as the Day-Ninh Co canal connection project, have been successfully completed.
The Ministry of Transport is actively pushing forward with other crucial projects, such as the East North-South Expressway in the 2021-2025 period, Long Thanh International Airport, Terminal T3 Tan Son Nhat International Airport.
A section of the East North-South Expressway is being constructed (Photo: Viet Hung/Vietnam+)
However, there are still projects that are delayed, which has raised concerns for Le Quyet Tien, Director of the Construction Investment Management Department.
He highlighted that the slow progress in site clearance and resettlement work, coupled with intermittent site handovers, has had a significant impact on the construction timeline.
Furthermore, the demand for construction materials is substantial, while the currently exploited material mines can only satisfy local requirements. This presents a challenge to the progress of the projects, he added./.
