Revising Medium-term Public Investment Plan for Hue-Da Nang Intersection

2:01:14 PM | 12/6/2020

The Standing Committee of the National Assembly issued a resolution on the revised medium-term public investment plan for the 2016-2020 period and on the annual expense from the Ministry of Transport to Da Nang People's Committee to carry out Hue-Da Nang intersection.

Accordingly, the resolution revised down VND1,651.664 billion in the medium-term central public investment plan in the 2016-2020 phase and in 2020 of the Ministry of Transport, and assigned the additional investment of VND1,651.664 billion to the medium-term central public investment plan in the 2016-2020 period and in 2020 to the Da Nang City People's Committee to settle payment for the Intersection.

The Standing Committee of the National Assembly assigned the Government to direct concerned ministries, branches and localities to implement this resolution and manage and use the capital source for right purposes and for high effectiveness.

The Finance Committee, Budget Committee, Ethnic Council and other Committees of the National Assembly, National Assembly delegations, National Assembly deputies, People's Councils at all levels and State Audit of Vietnam, within the scope of duty and authority, shall supervise and audit the implementation of this Resolution.

By Ha Linh, Vietnam Business Forum