Prime Minister chairs meeting to remove obstacles for national key transport projects

Prime Minister Pham Minh Chinh on April 12 asked the State steering committee for national key transport projects to regularly review and inspect the projects so as to complete the heavy workload until 2026.

Presiding over a session of the committee, the Government leader noted that the State has earmarked 400 trillion VND (17.05 billion USD) for transport development for the 2021-2026 period, saying the transport projects have been scattered across the country, connecting six socio-economic regions.

Chinh, who is also head of the committee, said among the three growth engines – investment, consumption and export, the last relies much on foreign markets, yet many of which have tightened their monetary policies and cut aggregate demand.

He pointed out that Vietnam can work to boost the last two factors of investment and consumption. Therefore,  it is necessary to stimulate domestic consumption and promote public investment, the leader stressed.

To boost public investment, ministries and agencies must step up administrative reform, approve projects quickly, work harder in site clearance and speed up construction work, he said, adding that public investment helps create jobs and livelihoods for people, stir up economic activities and spur national development.

The PM urged committee members, and leaders of ministries, agencies and localities to raise the sense of responsibility and actively fight corruption during the roll-out of national key transport projects.