Based on the allocated capital and the proposed plan for additional/extended capital allocation, in 2025, the total disbursed public investment capital in the transport sector could reach more than VND 100,000 billion, the highest ever.
Continue to propose additional capital
Reporting at the February work briefing and March 2025 key task deployment conference of the Ministry of Construction this afternoon (March 7), Mr. Tran Minh Phuong, Director of the Department of Planning and Finance, said that in 2025, the Prime Minister assigned more than 82,000 billion VND to the transport sector.
The assigned capital plan includes: medium-term capital of nearly 71,400 billion VND, capital exceeding the central budget revenue in 2022 of 9,989 billion VND, extending from the Recovery Program to disburse in 2025 of 689 billion VND.
Mr. Tran Minh Phuong, Director of the Department of Planning and Finance (Ministry of Construction) - Photo: Ta Hai.
"Based on the Ministry's proposal, it is expected that in the near future, the Prime Minister will allow the extension of VND 5,790 billion of the capital plan from 2024 to 2025; assign more than VND 6,000 billion of increased central budget revenue in 2022 and 2023, assign additional excess revenue in 2024 and government bonds to the Ministry to implement a number of key and urgent projects.
The total capital assigned to the Ministry could reach more than 100 trillion VND, the highest ever," Mr. Phuong informed.
In order to disburse at least 95% of the plan as directed by the Prime Minister, the leaders of the Department of Planning and Finance requested investors to urgently develop monthly disbursement plans for projects and enter them into the system as a basis for the Ministry's advisory agencies to promptly monitor and direct.
One of the proposed solutions is to speed up the progress of some key projects such as expanding the expressways: Cam Lo - La Son, La Son - Hoa Lien; Ho Chi Minh City - Long Thanh; Investing in the routes: Cho Moi - Bac Kan, Quy Nhon - Pleiku, Dau Giay - Tan Phu, Lao Cai - Hanoi - Hai Phong railway.
"Investors also need to accurately review capital needs, ensuring the completion of key projects according to the directed schedule such as: Cao Lanh - Lo Te, Lo Te - Rach Soi expressways; Ho Chi Minh Road sections: Chon Thanh - Duc Hoa, Cho Chu - Trung Son Intersection, Rach Soi - Ben Nhat, Go Quao - Vinh Thuan... On that basis, register the need to supplement the 2025 plan in March 2025 to speed up the disbursement of assigned capital", the Department of Planning and Finance proposed.
Make advances, accept, pay, and recover advances as soon as the volume is available in accordance with regulations; proactively review and report to the Ministry to promptly and flexibly transfer capital between projects, prioritizing capital allocation for expressway, key, regional connection projects, and projects that must be completed in 2025.
As for projects using excess revenue from the central budget in 2022, which have very urgent requirements and must be basically completed in 2025, investors need to develop specific plans, detailed implementation plans, disbursement plans and commit to disbursing all allocated capital.
Construction of the new Phong Chau bridge (Phu Tho province) - Photo: Ta Hai.
Each month, an average of 7,500 billion VND needs to be disbursed.
Regarding the disbursement results of the fields of the Ministry of Construction, the Department of Planning and Finance said that for the field of transport, by the end of February 2025, the Ministry disbursed about 3,200 billion VND, reaching about 4%.
The disbursement value is concentrated in the Project Management Boards under the Ministry with a disbursement level of nearly 3,000 billion VND (reaching 4% of the annual plan and accounting for 91% of the disbursed value of the Ministry).
Other investors, including: specialized management departments, VEC, Departments of Transport... disbursed 275 billion VND, reaching 3% of the plan.
According to the assessment, to fully disburse the 2025 capital plan assigned by the Prime Minister, the transport sector needs to disburse an average of nearly 7,000 billion VND per month.
However, due to slow disbursement progress in the first two months of the year, investors must rebuild disbursement plans for the remaining months to ensure disbursement to compensate for the delay in the remaining months. The average amount of disbursement required is about VND 7,500 billion.
Regarding the construction sector, the Department of Planning and Finance said that in 2025, the capital plan was assigned about 260 billion VND. To date, the detailed allocation to the investor units has been completed according to regulations. The disbursement output by the end of February 2025 was more than 21 billion VND, reaching more than 8% of the plan.
Source: https://www.baogiaothong.vn/nam-2025-von-giai-ngan-linh-vuc-giao-thong-co-the-cao-ky-luc-192250307142339095.htm
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