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Transport Ministry to accelerate disbursement in 2015

The Ministry of Transport aims to disburse more than 86 trillion VND (4 billion USD) in 2015 and expects to see an average growth of 5 percent in freight and passengers transported in comparison with 2014.
The Ministry of Transport aims to disburse more than 86 trillion VND (4billion USD) in 2015 and expects to see an average growth of 5 percentin freight and passengers transported in comparison with 2014.

The goals were released at an online conference reviewing the 2014achievements and implementing tasks and goals for 2015 on January 19.

During the event, Deputy Minister of Transport Nguyen Ngoc Dongurged the sector to effectively implement projects in terms of ensuringprogress, quality, and safety to prevent accidents.

The sector should make more concerted efforts to enforce vehicleweight limits and focus greater attention to enhancing aviation safety,Dong added.

The ministry also aims to accelerate theimplementation of a number of projects on improving and wideningNational Highway No. 1, the section of the Ho Chi Minh Road in theCentral Highlands region.

It also hopes to see a 5-10 percentfall in traffic accidents nationwide and traffic jams in big cities,especially Hanoi and Ho Chi Minh City. In 2014, the number of lives lostin traffic accidents was reduced to below 9,000 for the first time inhistory.

Additionally, as many as 43 enterprises will be equitised, 14 of which will have been completed within the year.

In 2014, the ministry implemented the equitisation of 11 State-owned corporations, said the Deputy Minister.

It has so far approved the equitisation value of 50 enterprises andequitisation plans for 39 enterprises, 37 of which have completed thelaunch of their initial public offering (IPO). The rest intend toimplement their IPO earlier this year.

During2014, the ministry mobilised more than 39 trillion VND (1.8 billion USD)from the private sector to invest in 19 build-operate-transferprojects, making great improvements in transport infrastructure.-VNA

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