Minister of Transport Nguyen Van Thang has issued a directive to accelerate the disbursement of 2023 public investment.
The transport sector has been allocated a record VND94 trillion ($4 billion) in public investment capital this year, or 2.2-fold and 1.7-fold higher, respectively, than in 2021 and 2022.
Minister Thang requested that investors and the management boards of relevant projects closely monitor project progress to ensure quality in preparation, design, and cost estimate. Any violations must be strictly handled.
All investors and project management boards must develop a detailed disbursement plan for projects.
The goal is to ensure project progress and quality and disbursement transparency, and prevent waste and shortcomings during implementation, according to Minister Thang.
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