Vietnam's public investment disbursement rate projected at 95 pct in 2024-Xinhua

Vietnam's public investment disbursement rate projected at 95 pct in 2024

Source: Xinhua

Editor: huaxia

2024-01-11 21:29:30

HANOI, Jan. 11 (Xinhua) -- Vietnam targets over 95 percent of public investment disbursement rate in 2024, Vietnam News Agency reported Thursday, citing Minister of Planning and Investment Nguyen Chi Dung as saying.

The public investment disbursement rate in 2023 was estimated at 95 percent, an increase of 3.58 percentage points compared to 2022, according to the minister.

The disbursement progress has improved month by month, which acts as an important driving force for economic growth, he said.

He said in the 2026-2030 period, the government will continue to prioritize resources to realize the goal of completing at least 5,000 km of expressways and putting into operation the high-speed North-South railway line.