Topic: projects

Ministry issues action plan for 2024.

Total investment capital estimated at $390 million, with $311 million going to five foreign-invested projects.

Projects in southern province include Bien Hoa - Vung Tau expressway section, costing $698.5 million.

Total capital in central province’s three projects estimated at over $566 million.

Total investment capital estimated at $141 million.

Central province project terminated after investor failed to fulfil legal obligations.

Measures to be taken to facilitate project implementation in south-central province.

In its 2023 plan, State Audit of Vietnam (SAV) will concentrate on assessing financial market restructuring, focusing on commercial banks and credit institutions. In the field of construction investment, SAV is expected to conduct 26 audits of investment projects, including key traffic projects such as the East North-South Expressway, Long Thanh International Airport, and coastal roads, among others.

Deputy Prime Minister Le Minh Khai has signed Directive No. 17/CT-TTg dated October 5, 2022 from the Prime Minister on accelerating the allocation and completion of investment procedures for projects in the medium-term public investment plan for the 2021-2025 period. He has called for investment to focus on key industries and sectors and growth poles to improve the efficiency of public investment capital. Leaders from ministries, branches, and localities must direct and inspect projects in accordance with approved planning.

Four highway projects and the T3 passenger terminal project at Tan Son Nhat International Airport in Ho Chi Minh City and associated traffic routes were approved by the Prime Minister for addition to the list of key national projects and key transport projects. He also asked that expressway projects begin before June 30, 2023.