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Total investment capital realized in May 2024 reached 311.0 billion VND, up 5.58% over the previous month.

Việt NamViệt Nam31/05/2024

( Economy ) In May 2024, the disbursement rate of public investment capital continuously improved. Investors in the area focused on accelerating the construction progress of works and projects, disbursing the state budget capital plan for 2024, especially for important projects that are meaningful in promoting sustainable socio-economic development.
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Urban areas are gradually completing the items.

In May 2024, investors in the area focused on accelerating the construction progress of works and projects, disbursing the State budget capital plan for 2024, especially for important projects that are meaningful in promoting sustainable socio-economic development... Departments, branches and localities in the province have focused on promoting compensation, site clearance, strengthening investment management and supervision in the area. The total investment capital in May is estimated to reach 311.0 billion VND, an increase of 5.58% over the previous month, of which: The provincial-level State budget capital is 255 billion VND, accounting for 81.99%; the district-level State budget capital is 56.0 billion VND, accounting for 18.01%. Compared to the annual plan, the total investment capital from the State budget capital managed by the locality is 8.1%, of which: The provincial-level State budget capital is 8.15%; District-level state budget capital is 7.88%. Compared to the same period last year, total investment capital from state budget capital managed by localities decreased by 25.99% due to a significant decrease in the 2024 capital plan compared to the previous year. However, compared to the annual plan, total investment capital from state budget capital managed by localities reached 8.10%. In the first 5 months of the year, total investment capital reached 1,270.2 billion VND, equal to 33.08% of the annual plan, of which: Provincial-level state budget capital is estimated to be 1,052.97 billion VND; district-level state budget capital is estimated to be 217.2 billion VND.

Nguyen Hanh


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