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The Ministry of Transport will disburse VND 11,000 billion of public investment capital in April

At the meeting of the Ministry of Transport for the first quarter of 2022 on the morning of April 13, Nguyen Danh Huy, Director of the Department of Planning and Investment, said that up to now, the Ministry of Transport has assigned details of the budget investment plan. The State in 2022 for investors, the Project Management Board total 42,845/50.328 billion, reaching 85.1% of the plan assigned by the Prime Minister.

The Ministry of Transport will disburse 11,000 billion VND of public investment capital in April - Photo 1.

The North-South Expressway is being accelerated.

For the unallocated VND 7,483 billion of the 2022 plan, the Department of Planning and Investment will advise Minister Nguyen Van The to assign details to the units after completing the investment procedures, ensuring the conditions for the assignment of the annual plan. according to regulations. In which, about 5,000 billion VND of implemented capital North-South expressway project in the period of 2021-2025 and VND 2,483 billion of capital for implementing new construction projects.

“According to reports from investors and the Project Management Board, in March 2022, the Ministry of Transport disbursed VND 4,800 billion. Accumulated by the end of the first quarter of 2022, 7,200 billion VND has been disbursed, reaching 17.2% of the assigned plan and reaching 14.3% of the plan assigned by the Prime Minister,” said Mr. Huy.

In which, the North-South expressway projects in the period 2017-2020 disbursed 2,500 billion VND; ODA projects are 775 billion VND; urgent important projects of VND 410 billion, projects to recover an advance of VND 2,000 billion from the plan; debt repayment for BT projects (build-transfer) is 1,060 billion VND.

Assessing the Ministry’s disbursement results in the first quarter of 2022, reaching 17.2%, exceeding the national average (13.9%), Mr. Huy said that the disbursement value of the first quarter mainly focused on recovery of plan advance, payment of BT debt, settlement, ground clearance and contract advance; Disbursement of construction and installation volume is only about 3,000 billion VND, mainly concentrated in North-South expressway projects.

Some investors and Project Management Boards with disbursement results higher than the average rate of the Ministry of Transport are the Maritime Project Management Board, the Thang Long Project Management Board, the Dien Bien Department of Transport, the Management Board of the Project Management Board, and the Project Management Board. Ho Chi Minh road project.

Proposing a disbursement plan in April 2022, the Director of the Planning and Investment Department said that the registered investors and Project Management Board will disburse about 3,800 billion VND, accumulated by the end of April 2022. disbursed 11,000 billion VND and achieved about 22% of the plan assigned by the Prime Minister.

In order to accelerate disbursement, the Ministry of Transport requires investors and Project Management Boards to take advantage of favorable weather in the construction area to work overtime, crew, and noses; especially for projects to be completed this year, projects with large construction volume need to increase construction in 3 shifts; speed up the completion of bidding procedures and advance project contracts.

For projects that are completing investment preparation procedures, the project management boards and investors urge consultants to complete the dossiers for approval of investment projects according to the committed schedule, as an early basis. assigned capital plan implementation.

In addition, the Department of Planning and Investment weekly reviews the results of approving investment decisions of projects to advise the Minister to decide to assign detailed annual plans to the project right after the investment decision is issued; coordinate with the Department of Construction and Quality Management and other units, advise the Ministry’s leadership to report to the competent authorities to handle problems caused by the impact of material price spikes, increasing the total investment and ability to balance capital sources for projects in the medium-term public investment plan (if any).


According to Phi Long

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