Vietnam’s public investment to hit 120 billion USD in 2021-2025
(VOVWORLD) - The Government is expected to allocate 120 billion USD for public investment in the 2021-2025 period, according to a proposed medium-term public investment plan submitted to the ongoing National Assembly session.
 Lawmakers discuss the proposed medium-term public investment plan, July 24, 2021. (Photo: Phuong Hoa/VNA) |
The plan, presented by Minister of Planning and Investment Nguyen Chi Dung, says the number of investment projects will be less than 5,000 in this period, half of the figure between 2016 and 2020.
The Government aims to finish land clearance for the Long Thanh airport project and complete the eastern section of the North-South expressway and several key ring roads in Hanoi and HCM city by 2025.
It will also invest heavily in infrastructure development in the northern mountainous region and expressway and inland waterway networks in the Mekong Delta.