Hai Phong sets up task forces to boost public capital disbursement

The People’s Committee of northern Hai Phong port city has decided to establish two task forces which will work to remove difficulties and obstacles to accelerate disbursement of public investment capital in 2024.

The first task force is responsible for examining and promoting the disbursement of public investment capital for 10 key projects, including six transport projects with a total investment capital of over VND12.8 trillion ($504 million).

Key tasks will focus on inspecting the disbursement situation of each project and examining difficulties and obstacles facing each project and proposing solutions.

The second  will inspect and boost public capital disbursement by agencies and units, including departments of health, agriculture and rural development, the city’s police, the People’s Committees of districts and project management boards of the municipal People’s Committee.

The city’s disbursement of public investment capital has been slow, reaching over VND2.9 trillion ($114 million) as of April 30, or 14.88% of the annual target.