Foreign investment disbursement reaches 23.2%
Disbursement of foreign capital for infrastructure construction only reached 23.2% of the plan as of 15 October, 2019, reported the Finance Ministry on 23 October.
compliance with the Prime Minister’s directions at the nationwide
teleconference on accelerating public investment allocation and disbursement in
2019 on 26 September, the ministry said 13 centrally-run ministries and
agencies disbursed an amount equivalent to 29.79% of the target assigned by the
PM while the figure was 18.66% in localities.
At the central level, only the Defence Ministry and the Vietnam Bank for Social Policies fulfilled all the assigned targets.
The Ministry of Public Security’s disbursement hit 98.13% of the plan. Meanwhile, that of the Health Ministry, the Hoa Lac Hi-Tech Park and the Vietnam Academy of Science and Technology was 13.99%, 9.23% and 2.28%, respectively.
Binh Duong led localities nationwide in disbursement, with 75.82%, followed by Tay Ninh 59.37%, Hai Phong 58.65%, Hanoi 51.88%, Ninh Binh 43.18% and Ho Chi Minh City 41.75%.
In particular, 10 localities have not yet disbursed or recorded low disbursement, including Bac Kan, Dien Bien, Hai Duong, Thanh Hoa, Dong Nai, Ba Ria – Vung Tau, Vinh Long, Lam Dong, Hau Giang and Binh Phuoc.