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)
Hanoi (VNA) – The Minister of Transport has issuedDirective 06/CT-BGTVT on speeding up public investment disbursement in2021 to successfully realise the socio-economic plan and State budget estimatefor the year.
Under the directive, the ministry aims to disburse at least 90percent 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 bedisbursed within 2021.
The minister asked leaders of investors,project management boards and consultancy agencies to overcome difficulties andspeed up the implementation and disbursement of projects with high quality.
They should assign specific responsibilities to individualsto follow up the progress of projects and report to the ministry regularly, hestressed.
They were also requested to promptly complete biddingprocedures to choose contractors and consulting units, while finalisingprocedures on design and estimate adjustments and settlement process ofprojects, and strengthening supervision over projects’ progress andquality.
For projects which have just been added to the plan, it isnecessary 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 andprojects. Investment procedures are being prepared for six projects, while 10others 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 trillionVND to its units, reaching 95.2 percent of the yearly plan.
At the end of May, the ministry had disbursed about 13.51trillion VND, completing 32.7 percent of its plan and 32.1 percent of the planset by the Prime Minister./.
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Construction of a section of the North-South Expressway (Photo: VNA) 
