Thursday , April 25 2024

New Transport Minister sets out three priorities


The newly appointed Minister of Transport, Nguyen Van Thang, says he is determined to complete key national projects on schedule, attract capital for socialization and promote disbursement of public investment capital.

After his appointment was approved by the National Assembly Friday, Thang said the first priority would be to complete on schedule key national key projects, especially the North-South Expressway and phase one of the Long Thanh International Airport.

The second priority is to review the current Build-Operate-Transfer (BOT) projects to find solutions for difficulties and shortcomings, and at the same time, continue to attract capital sources. This policy aims to promote construction of transport infrastructure within the limited state budget reach.

The third priority will be to continue coordinating with other ministries and sectors to accelerate disbursement for public investment projects. Large projects with inter-regional connectivity will be prioritized to help localities boost their socio-economic development.

Thang, who has worked in the banking industry for more than 22 years, said Vietnam should try to use state capital as a base alongside attracting capital from the society, especially from enterprises, to build infrastructure.

A Hanoi native, Thang, 49, holds a PhD in financial and monetary theory.

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