Ministry of Transport: Public investment disbursement reaches nearly 35% of assigned plan

Friday, 27/05/2022 16:20
The Ministry of Transport has held a meeting to review the progress of basic construction projects and public investment disbursement.

Photo for illustration. (Source: hanoimoi.com.vn)

A representative of the Ministry of Transport’s Department of Planning and Investment said that the ministry has assigned detailed investment capital plans from the state budget in 2022 to investors and the project management board through 4 phases with a total amount of 45.34 trillion VND, reaching 90.1% of the plan assigned by the Prime Minister.

The remaining capital will be allocated when the North - South expressway component projects in the 2021-2025 period are approved (scheduled on June 30, 2022).

By the end of May 2022, the ministry disbursed 15.08 trillion VND of public investment capital, equaling 34.9% of the detailed plan assigned to the units and 29.8% of the plan approved by the Prime Minister.

Speaking at the event, Minister of Transport Nguyen Van The assessed that the average disbursement result of the transport sector was about 5% higher than the national average.

From now until the end of the year, the ministry has more than 35 trillion VND needing to be disbursed, an average of 5,000 billion VND per month, he said./.

BTA

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