After the merger, public investment capital in Ho Chi Minh City increased to 118,948 billion VND.

After the merger, Ho Chi Minh City's public investment capital in 2025 will skyrocket to VND118,948 billion. Although the amount of capital to be disbursed has increased, the City still aims to disburse 100% or more.

According to information from the Ho Chi Minh City Department of Finance, after the merger, the total public investment capital of the City assigned by the Prime Minister to be disbursed in 2025 is 118,948 billion VND.

Before the merger, the public investment capital of Ho Chi Minh City (old) assigned by the Government in 2025 was more than 85,500 billion VND.

Although public investment capital increased after the merger, the City determined the disbursement target to reach 100% or more of the total capital assigned by the Prime Minister.

An Phu intersection project with investment capital of up to more than 3,400 billion VND is accelerating construction to complete by the end of this year - Photo: Le Toan

In the remaining months of 2025, the City will focus on implementing and disbursing 35 large-scale investment projects with a total capital of VND 58,623 billion, accounting for 49% of the City's total public investment capital plan in 2025 (VND 118,948 billion) and accounting for 82% of the total remaining capital to be disbursed in the last 6 months of the year.

Projects that will focus on disbursement include: upgrading and expanding National Highway 1 with an expected disbursement of VND9,611 billion; National Highway 22 renovation and upgrade project with a disbursement of VND6,234 billion; North-South axis road upgrade project with a disbursement of VND3,596 billion; Van Thanh canal dredging, environmental improvement, and infrastructure construction project with a disbursement of VND6,450 billion; the road connecting to Bien Hoa - Vung Tau expressway with a disbursement of VND1,172 billion,...

To achieve the disbursement target of 100% or more by the end of 2025, the City will strengthen monitoring, urging, and shortening the time for handling procedures, especially for projects with large capital disbursement plans.

From now until the end of the year, the City will continue to direct the review of project disbursement progress and flexibly manage the 2025 public investment plan to transfer capital from slow-moving projects that are not yet able to disburse capital immediately to projects that are able to disburse capital.

In particular, regarding discipline and order in disbursement of public investment capital, the City will tighten and resolutely handle cases of delay due to subjective reasons.

Source: https://baodautu.vn/sau-sap-nhap-von-dau-tu-cong-tai-tphcm-tang-len-118948-ty-dong-d351682.html