HASTENING PUBLIC INVESTMENT DISBURSEMENT

Public investment disbursement is a key task in the last months of the year PM Nguyen Xuan Phuc repeatedly mentioned this and asked localities to prompt this work.

Implementing the PM’s direction, Haiphong is asking units and districts to hasten the progress and make specific disbursement plans. Big projects that need to prompt the disbursement progress are Nam Cau Binh intersection, new groundbreaking projects like Dinh and Quang Thanh bridges, road from Nam Cau Binh intersection to Mang Nuoc road. The total investment value of these new projects is about vnd 1,400 billion. Some are behind schedule due to slow site clearance progress. Some are submitted for approval and consideration. The city’s government asked for specific plans of these projects to disburse capital. Although the covid 19 has had negative effects on the economy, the city will not cut down on public investment. Thus keeping public investment progress is the responsibility of sectors, branches./.