14:30 19/05/2024

316 projects with 0% of public investment capital disbursement publicized

Song Hoàng

These projects are located in 48 localities.

The Ministry of Finance (MoF) has publicized a list of 316 projects with public investment capital having yet been disbursed, at disbursement rate of 0%, in 48 localities nationwide.

The three northern mountainous  provinces of Dien Bien, Son La and Hoa Binh topped the list, in terms of project number,  with 105,  22 and 18, respectively.

The total amount of public investment capital allocated to localities this year was over VND82.2 trillion ($3.23 billion). However, as of March 31,  only 10.5% of the capital has been disbursed.

The MoF has asked the People’s Committees of localities to take drastic measures to accelerate the disbursement of all sources of capital, including public investment capital; and direct investors and relevant agencies to review and speed up the implementation of public investment projects.

In 2024, Vietnam strives to disburse at least 95% of the public investment capital.