Ministry of Transport’s disbursement hits nearly 68%

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The Department of Planning and Investment said that in 2024, the Ministry of Transport was assigned by the Prime Minister to disburse 71,288 billion VND in public investment capital. However, aiming to meet the capital demand for implementation of projects, the Ministry was assigned an additional 1,240 billion VND from the increased central budget revenue in 2022 and an additional 2,954 billion VND for projects in group B (projects with a total investment of 120 billion VND to less than 2,300 billion VND) that lack capital. Therefore, the ministry’s total capital plan for 2024 is 75,482 billion VND.

Aiming to accelerate the disbursement of investment capital this year, the Department of Planning and Investment has advised the Ministry of Transport to request investors to direct contractors to focus all resources and take advantage of favorable weather to implement construction.

Investors also need to closely coordinate with levels, sectors and localities to quickly remove obstacles in site clearance, resettlement, relocation of technical infrastructure and exploitation of material mines; monitor and supervise the monthly disbursement progress, promptly regulate and adjust capital from slow-disbursing projects to projects with faster disbursement, ensuring maximum disbursement of the assigned capital.

In addition, aiming to accelerate disbursement in the last months of the year, the head of the unit will be responsible for disbursement results, considering this an important criterion to evaluate the level of completion of year-end tasks./.