VND7.44 trillion to be disbursed for infrastructure projects this month

HCMC – The Department of Planning and Investment under the Ministry of Transport has announced plans to disburse over VND7.4 trillion for traffic infrastructure projects in September. Four key project management boards will play a vital role in the disbursement process. Project Management Board 85 and the Project Management Board for Ho Chi Minh Highway will each get around VND1.4 trillion. Project Management Board 7 asks for over VND1.37 trillion, while the My Thuan Project Management Board will be disbursed VND887 billion. The disbursement progress against investor-submitted plans reached 95% by the end of the month, exceeding last year’s performance more than twofold in terms of value.