Transport ministry’s 2018 disbursement rate highest in 3 years
VNA -
Transport ministry’s 2018 disbursement rate highest in 3 years Transport ministry’s 2018 disbursement rate highest in 3 years
The Transport Ministry disbursed 76 percent of the sum assigned by the Government in 2018, the highest rate recorded in the past three years. The rate was also higher than the national average of 66.35 percent.

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The Transport Ministry disbursed some 872.38 million USD of more than 1.15 billion USD it was tasked with in 2018 (Photo: VNA)

The figures were announced at a conference held in Hanoi on January 11 to review the ministry’s operation last year and set tasks for 2019.

As heard at the function, the ministry disbursed more than 20.24 trillion VND (872.38 million USD) of more than 26.88 trillion VND (1.15 billion USD) it was tasked with in 2018. 

During the year, the ministry completed 27 projects worth more than 68.11 trillion VND (2.93 billion USD), and began 16 projects worth some 13.38 trillion VND (576.73 million USD).

It also prepared for various major projects, including those on building the eastern section of the North-South highway, and the Long Thanh international airport, and on expanding Tan Son Nhat international airport.

Regarding administrative reform, the body had all of its 75 procedures join the national and ASEAN single-window mechanisms within 2018. It also put into operation the 1.0 version of the ministry’s e-governance system.

Vice Minister of Transport Nguyen Ngoc Dong said 2019 will mark a year of intensified measures by the ministry to address shortcomings for practical and effective outcomes.