May 13, 2023 | 11:35

HCMC focusing resources on speeding up key transport projects

Minh Hà

Delays must be prevented to ensure investment efficiency.

HCMC focusing resources on speeding up key transport projects
Chairwoman of the Ho Chi Minh City People’s Council Nguyen Thi Le addressing the meeting.

Chairwoman of the Ho Chi Minh City People’s Council Nguyen Thi Le has requested that the city’s Management Board for Transport Works Construction and Investment focus resources on implementing key transport projects to prevent delays that will affect investment efficiency and the city’s public investment plan.

At a recent working session with the Management Board on public investment tasks for the 2021-2025 period, she also asked it to clearly identify capital demand in transport projects and the feasibility and disbursement plans for public investment capital, to ensure the efficiency of public capital.

Director of the Management Board Luong Minh Phuc said that it will manage 162 projects during the period with total investment of over VND74.7 trillion ($3.15 billion).

All projects were allocated capital for mid-term investment during the 2021-2025 period, totaling more than VND26.6 trillion ($1.12 billion).

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