Transport sector gives priority to complete disbursement of public investment capital

In 2021, the Ministry of Transport (MOT) will be assigned nearly VND 43 trillion of public investment capital, of which construction and completion of infrastructure works will be the top priority. To complete, the Ministry has requested investors and traffic project management boards to complete detailed disbursement plans for each month and quarter of this year before March 5.

How is public investment disbursed?

The goal of completing disbursement of public investment capital is being accelerated by the Ministry of Transport in the first months of the year, not only in projects under construction, but also in all projects that are about to start construction. Mr. Nguyen Duy Lam, Director of the Department of Construction Management and Quality of Traffic Works (Ministry of Transport) said, the Ministry is implementing 44 projects. In 2021, it is expected to complete 24 projects and start 19 projects. Particularly in the first two months of the year, two projects of My Thuan-Can Tho expressway, Long Thanh International Airport and Long Thanh International Airport have been started, and the Thang Long bridge deck repair project has been completed.

According to Mr. Nguyen Danh Huy, Director of the Department of Planning and Investment (Ministry of Transport), up to this point, the Ministry of Transport has been assigned a public investment plan by the Prime Minister with 36,536/42,995 billion VND (reaching VND 36,536/42,995 billion) of the state budget. 85%), the remaining is about 6,459 billion VND, which has not been temporarily assigned the detailed plan due to the need to complete the documents and procedures for the assignment of the annual plan. In 2021, the Ministry of Transport aims to be among the top disbursement of public investment capital among central ministries and branches, through early completion of the bidding schedule, design adjustment, estimate, settlement, and site clearance. by... projects that have been and are being implemented, ensuring that the capital disbursement plan is not accumulated at the end of the year.

In addition, the Ministry of Transport is speeding up the implementation of 8 public investment component projects under the Investment Project to build a number of North-South expressway sections so that they can be put into operation in 2022.. .