Ministry of Transport speeds up public investment in 2022

February 14, 2022 | 12:29

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Minister of Transport Nguyen Van The has signed instructions to fast-track the disbursement of public investment for transport projects in 2022.

Ministry of Transport speeds up public investment in 2022

The construction of the Phan Thiet-Dau Giay Expressway has been picking up speed in the first days of 2022

The minister asks heads of units, investors, project management boards, and relevant agencies under the ministries to solve all challenges and difficulties faced by projects to quicken constructions and public investment disbursement, while strictly controlling their quality so as to fulfil at least 90 per cent of the public investment disbursement target for transport projects by the end of the year, and 100 per cent by the end of January 2023.

The leader of the transport sector also requested to take regular fact-finding trips to project sites and work with localities to deal with possible problems occurring during the construction.

According to the ministry, it disbursed over VND37.17 trillion ($1.62 billion) in 2021, meeting 85.6 per cent of the target.

This year, the sector will carry out several projects to create a driving force for national economic development. They include the Eastern Cluster of the North-South Expressway in 2021-2025, the Long Thanh International Airport, the expansion of existing airports, and the development of other expressways, among others.

By Bich Thuy

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