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Transport Ministry disburses nearly 7,500 billion VND in first quarter of 2022

 
Transport Ministry disburses nearly 7,500 billion VND in first quarter of 2022

Construction of the north-south expressway   

NDO - The Ministry of Transport disbursed an estimated 7,492 billion VND (327.5 million USD) worth of public investment in the first quarter of 2022, equivalent to 14.7% of the full-year target.


In 2022 the Prime Minister allocated 50,328 billion VND (2.2 billion USD) to the ministry, including 45,451 billion VND in domestic capital and 4,877 billion VND in foreign funding.

The ministry has assigned 41,955 billion VND to investors and project management units (PMUs), accounting for 83.4% of the allocation.

About 2,300 billion VND (100.8 million USD) was spent on the first stage of the north-south expressway project. ODA projects received a total of 730 billion VND (32 million) while other key urgent projects were provided with 390 billion VND (17.1 million).

The disbursement of other domestic transport projects was estimated at 960 billion VND (42.1 million USD).

Under the plan registered by investors and PMUs, the Ministry of Transport is expected to disburse 11,140 billion VND (489.3 million USD) in the second quarter of 2022.

In April alone, the registered disbursement figure has reached about 3,720 billion VND (163 million USD).

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