Transport Ministry speeds up public investment disbursement
The Minister of Transport has issued Directive 06/CT-BGTVT on speeding up public investment disbursement in 2021 to successfully realise the socio-economic plan and State budget estimate for the year.
Construction of a section of the North-South Expressway (Photo: VNA)Under the directive, the ministry aims to disburse at least 90 percent of public investment planned for the year by the end of December and 100 percent by January 31, 2022. Capital left from 2020 is expected to be disbursed within 2021.
The minister asked leaders of investors, project management boards and consultancy agencies to overcome difficulties and speed up the implementation and disbursement of projects with high quality.
They should assign specific responsibilities to individuals to follow up the progress of projects and report to the ministry regularly, he stressed.
They were also requested to promptly complete bidding procedures to choose contractors and consulting units, while finalising procedures on design and estimate adjustments and settlement process of projects, and strengthening supervision over projects’ progress and quality.
For projects which have just been added to the plan, it is necessary to ask investors and project management boards to update the detailed disbursement plan for each month of 2021, the minister requested.
Currently, the ministry is implementing 19 major works and projects. Investment procedures are being prepared for six projects, while 10 others are being implemented and three are to be put into operation.
This year, the ministry is tasked with disbursing about 43.4 trillion VND (1.89 billion USD). So far, the ministry has allocated nearly 41 trillion VND to its units, reaching 95.2 percent of the yearly plan.
At the end of May, the ministry had disbursed about 13.51 trillion VND, completing 32.7 percent of its plan and 32.1 percent of the plan set by the Prime Minister./.
You should also see
InfographicQuang An listed among the coolest streets in the world
Quang An Street in Tay Ho district, Hanoi, has been listed among the 30 coolest streets in the world by the British travel magazine Time Out.
See more
Business
Vietjet adds more flights to Dien Bien
To meet the rising demands to visit Dien Bien of people and tourists during the celebration of the 70th anniversary of the Dien Bien Phu victory, Vietjet increased the frequencies of flights between Hanoi, Ho Chi Minh City and the northwestern province to 28 per week.
Videos
Agro-forestry-fisheries products nearly double in Q1
Total export revenue from agro-forestry-fisheries products in the first three months of this year is estimated at over 13.5 billion USD, up nearly 22% over the same period last year, according to the Ministry of Agriculture and Rural Development.
Business
Beautycare Expo 2024 opens in Hanoi
The Beautycare Expo 2024 kicked off Hanoi on April 18, featuring over 250 booths from more than 15 countries and territories.
Business
Standard Chartered, US promote clean energy investments in Vietnam
Standard Chartered and the US Agency for International Development (USAID) have signed a Memorandum of Understanding (MoU) on green financing in Vietnam and to promote the deployment of advanced clean energy in Vietnam.
Business
Vietnam Airlines, Sun Group promote Vietnam’s tourism in RoK
National flag carrier Vietnam Airlines and Sun Group on April 17 held a tourism promotion event themed “The Magnificent Vietnam” in Seoul, aiming to promote Vietnam’s tourism potential, flights, and trade opportunities for Vietnam and the Republic of Korea (RoK).
