Transport Ministry urges disbursement of 2021 public investments

Illustrative image (Photo: VNA)

Hanoi (VNA) – Minister of Transport Nguyen Van The has urged for an acceleration of the disbursement of 2021 public investments.

A document on this issue, recently signed by the minister, points out that to date, many units of the ministry have yet to disburse last year’s public investment plan, with the disbursement rate being much lower than the ministry’s average.

To reach the target of having 96 percent of public investment disbursed as assigned by the Prime Minister, the Transport Ministry asks investors and project management boards to speed up disbursements and clearly report reasons for the slow pace.

The heads of the investors and project management boards bear the main responsibility for the slow work.

According to the ministry’s Planning-Investment Department, last year, the ministry’s total investment was 43.2 trillion VND (1.9 billion USD), of which 37.1 trillion VND, or 85.6 percent, was disbursed.

To achieve the set target, by the end of this month, at least 4.49 trillion VND must be doled out./.

VNA