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Long An speeds up public investment projects

The Mekong Delta province of Long An is speeding up the disbursement of public funds to ensure the construction progress of infrastructure projects.
Long An speeds up public investment projects ảnh 1Kizuna Industrial Park in Long An province (Photo: VNA)

Long An (VNA) - The Mekong Delta province of Long An is speeding up thedisbursement of public funds to ensure the construction progress ofinfrastructure projects. 

Tran Van Can, Chairman of the provincial People's Committee, said the totalpublic investment capital disbursed for projects in the first six months was nearly2.55 trillion VND (109 million USD), or 41.7 percent of the plan.

The province has faced difficulties in the disbursement of public funds forprojects. Its budget is limited but the investment need is huge, which has ledto a shortage of capital.

The province has called for more funds from the private sector and morepublic-private partnerships to invest in infrastructure projects.

According to the Ministry of Planning and Investment, in the January-Juneperiod, disbursement of public investment amounted to nearly 156 trillion VND(6.73 billion USD), fulfilling 33.1 percent of the plan set by the NationalAssembly and the Prime Minister, higher than the 28.56 percent recorded in thesame period last year.

Four ministries and central agencies, and six localities recorded over 50percent of disbursement.

Meanwhile, disbursement of under 5 percent was seen in 10 ministries andcentral agencies./.
VNA
#Mekong Delta#disbursement of public funds#construction progress#infrastructure projects#Vietnamplus#Vietnam News Agency
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