August 09, 2024 | 14:30 GMT+7

PM requests to accelerate public investment disbursement

Phạm Long -

Vietnam targets disbursing 95% of public investment capital this year.

Prime Minister Pham Minh Chinh signed a dispatch on August 8, requiring acceleration of public investment disbursement for the remaining months of the year, the Government News has reported.

2024 is considered a breakthrough year in public investment disbursement with a target of disbursing over 95% of the plan assigned by the Prime Minister, creating conditions to achieve the annual socio-economic development goals, according to the dispatch.

To accomplish the target, the PM requested ministries, agencies and localities to urgently complete investment and bidding procedures and strive to start construction of all projects that are allocated public capital this year as planned.

They were required to make detail disbursement plans for each project and strictly follow the disbursement plans of each month and quarter.

The Government leader also asked for increasing inspection and supervision at construction sites to direct contractors to accelerate construction progress of projects.

He ordered for measures to tackle difficulties and obstacles to speed up site clearance and compensation for projects, particularly national key projects.

The PM also asked them to ensure supply of construction materials for projects.

 

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