Hanoi targets public investment disbursement of 95% in 2024

Hanoi has set a target of disbursing 95 per cent of public investment capital allocated for this year, according to the Hanoi People’s Committee.

The goal was mentioned in the Committee’s plan to speed up the implementation and disbursement of public investment capital this year, the Government News has reported.

The focus is on key projects and works in the city, as well as major projects allocated capital in the 2024 plan.

For 2024, the Prime Minister has allocated a public investment plan for Hanoi of VND81 trillion ($3.32 billion).

Hanoi disbursed VND50.69 trillion ($2.1 billion) of public investment capital last year, equivalent to 88.5 per cent of the city’s plan and 108 per cent of the target assigned by the Prime Minister.