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.

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In 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.