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January 04, 2023 | 06:19

Hanoi’s 2022 development investment at $19.6bln

Anh Tú

Disbursement of State capital estimated at VND149.7 trillion ($6.3 billion) last year.

Hanoi’s 2022 development investment at $19.6bln
Hanoi’s Ring Road No. 2, between Nga Tu So intersection and Vinh Tuy Bridge, is expected to open to traffic early this year. Photo: VnEconomy

Hanoi’s total development investment capital stood at nearly VND468 trillion ($19.6 billion) in 2022, a year-on-year increase of nearly 14 per cent, according to the capital’s General Statistics Office.

It also reported that the disbursement of State capital was estimated at VND149.7 trillion ($6.3 billion) during the year, with the disbursement of FDI reaching VND30.7 trillion ($1.28 billion), up 9.9 per cent compared to 2021.

City authorities have directed contractors and investors to focus resources on speeding up the construction of key projects to help boost the disbursement of public investment capital.

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The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
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