Capital strives for ODA disbursement goal in 2020

29/10/2020

VGP – Ha Noi has set up six task force teams specialized in accelerating disbursement of public funds, according to Vice Chairman of the Ha Noi municipal People’s Committee Nguyen Doan Toan.

An artist's impression of the Hanoi Metro Line 3 train. Photo courtesy of the Hanoi Metropolitan Railway Management Board.

As of October 28, the city disbursed VND1.81 trillion (US$78.2 million) of the official development assistance (ODA) fund, or 51.97% of the target and targets to realize the full amount allocated for this year, said Mr. Toan at an online government meeting on October 29.

In 2020, the government allocated VND5.23 trillion (US$226 million) for nine ODA projects in Ha Noi, for which the city’s leaders have instructed local authorities to work on measures to avoid any disruption to ODA-funded projects despite severe impacts of the Covid-19 pandemic.

The municipal People’s Committee urged related departments and units to complete investment procedures for kicking off new projects, as well as pushing for site clearance. 

The local leaders have been active in addressing concerns of contractors related to project implementation right in early 2020.

Earlier, on September 30, the Ha Noi People’s Committee issued decision No.4402/QD-UBND on the establishment of six task force teams specialized in accelerating disbursement of public funds.

According to Mr. Toan, these teams have basically resolved all issues related to the construction process, except for the Urban railway project No.2, section Nam Thang Long – Tran Hung Dao, which has a problem related to the adjustment of investment capital; and the planning of the subway Station C9 near Hoan Kiem lake.

In the coming time, Mr. Toan suggested the local authorities continue supporting the city in attracting ODA funds for infrastructure development, especially in transportation to help boost connectivity with other provinces and cities; water supply and waste water treatment projects; and urban railway projects./.

By Khanh Phuong