Minister of Transport Nguyen Van Thang has issued a directive urging relevant agencies to hasten the disbursement of public investment capital in 2024.

To meet annual socio-economic targets, the government has asked the Ministry of Transport (MoT) to accelerate the disbursement of public investment capital right from the beginning of the year, particularly key national projects, expressways, coastal projects, and national target programs.

It targets disbursing 95 per cent of the annual plan.

In order to conduct projects on time and reach the target, Minister Thang asked investors, project management boards, and relevant agencies to continue working to carry out assigned tasks.

He also asked relevant agencies to prepare detailed disbursement plans for each month and each quarter.

They were also ordered to regularly review and update implementation and disbursement plans for each project and each contract package, in order to identify and address any difficulties and obstacles.

Attention should also be paid to ensuring project quality, the directive states.