The Investor Must Commit to the Disbursement Schedule with the Ministry of Construction on a Quarterly Basis

09:52, 10/07/2024

This is the notable content in Directive 03/CT-BXD regarding the acceleration of implementation progress and disbursement of the public investment capital plan, investment-oriented career capital for the year 2020.

To accelerate the implementation and disbursement progress of the 2020 public investment capital plan and investment-like career capital, and to ensure the completion of the assigned 2020 plan, the Minister of Construction requires the Heads of the affiliated units to direct and organize the effective, synchronous, and determined implementation of the following tasks and solutions:

- Accelerate the preparation for project implementation, contractor selection in conformity with lawful regulations, and promptly commence the construction work. Proactively resolve difficulties and obstacles to ensure the construction progress;- Complete the investment capital payment procedures for the project within 05 days from the date the volume is accepted in accordance with the regulations;- By January 31, 2021, 100% of the assigned 2020 capital plan must be completed. Investors must commit to disbursement progress with the Ministry of Construction on a quarterly basis;- …

More details can be found in Directive 03/CT-BXD issued on May 5, 2020.

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