Breakthrough disbursement of public investment capital
At the 2023 summary conference, implementing the 2024 tasks of the Ministry of Transport, Minister of Transport Nguyen Van Thang frankly shared regarding the capital in 2023, the Ministry of Transport was assigned the investment capital by the Prime Minister. Biggest success ever.
Specifically, the allocated capital is more than 94 trillion VND, the highest ever (1.7 times higher than in 2022), along with the economic capital of more than 19.9 trillion VND to serve the public. maintenance of transportation infrastructure.
My Thuan Bridge 2. Photo: TA
The Ministry of Transport has synchronously implemented many drastic, flexible and effective solutions to manage disbursement of capital plans. Overcoming many difficulties and challenges, the disbursement result of the Ministry of Transport reached over 95% according to the direction of the Prime Minister.
Information regarding the public investment capital disbursement plan, Mr. Luu Quang Thin, Deputy Director of the Department of Planning and Investment (Ministry of Transport) said, aware of the importance of infrastructure development in maintaining To stabilize socio-economic development goals, the Ministry of Transport has synchronously deployed solutions so that many large-scale and important traffic projects are invested and put into operation, creating connectivity. , widespread.
According to Mr. Thin, the Ministry of Transport has assigned detailed plans and flexibly adjusted them through 10 phases, reaching 100% of the plan assigned by the Prime Minister.”
The Ministry of Transport has also promptly transferred capital from slow disbursement projects to projects with better disbursement progress; individualize responsibilities at each stage, strictly handle officials who commit harassment and cause difficulties in the payment process; Require construction contractors to allocate adequate construction resources for 3 shifts, 4 crews….
“In addition to the direct benefits when traffic projects are put into operation, the disbursement of public investment capital for projects also plays a huge role in economic growth,” Mr. Thin shared.
Mr. Thin said, if disbursement is good, production and business will be promoted, jobs will be created, new spaces will be opened such as industrial parks, service areas… strengthening local and regional connections, increasing productivity. productive force for the economy.
Also according to Mr. Thin, according to calculations by the General Statistics Office, when public investment capital increases by 1%, it will contribute to GDP growth by 0.06 percentage points.
North – South Expressway phase 1. Photo: TA
A series of projects were started
In 2023, the transportation industry will have many breakthroughs in investment in transportation infrastructure development with the commencement of 26 projects, which shortened the commencement time of 6 important national projects by 1 year compared to regulations. According to normal procedures and for the first time, construction started simultaneously in the online form of the North-South East Expressway Project phase 2 at 12 bridge points of 12 component projects.
Along with that, starting construction on East-West highway projects, urban belt routes in Hanoi, Ho Chi Minh City, starting construction of Long Thanh International Airport terminal, T3 airport terminal. Tan Son Nhat Airlines….
At the same time, 20 projects were completed and put into operation, of which 9 expressway projects were 475km long, bringing the total length of expressways put into operation across the country to nearly 1,900km. the minister emphasized.
For 2024, Minister of Transport Nguyen Van Thang has asked units to speed up the implementation and disbursement of the 2024 public investment plan.
According to the Directive of Minister of Transport Nguyen Van Thang, to successfully implement socio-economic goals in 2024, the Government has issued Resolution 01 on main tasks and solutions to implement the Development Plan. socio-economic and state budget estimates for 2024.
Also according to the Resolution assigning the transportation sector: Accelerate the implementation and disbursement of public investment capital from the beginning of 2024, especially key and important national projects, highways, and inter-regional , coastal and national target programs; strive to disburse over 95% of the assigned plan…
