Authorities in north-central Thanh Hoa province have directed relevant departments and agencies to take measures to speed up the disbursement of public investment capital for this year.

At a conference on December 5 regarding disbursement, the provincial Department of Planning and Investment reported that the province was allocated over VND14.92 trillion ($621 million) in public investment capital this year.

As of November 25, it had disbursed VND9.181 trillion ($382 million), or 61.5 per cent of the annual plan.

The figure represents a year-on-year decline of 3.9 per cent but is higher than the national average.

To accelerate disbursement during the closing month of the year, Chairman of the Thanh Hoa Provincial People’s Committee Do Minh Tuan asked relevant departments and agencies to give top priority to disbursement, focusing on measures to speed up progress at public projects, especially those facing delays.