Hanoi’s 2022 development investment at $19.6bln

Disbursement of State capital estimated at VND149.7 trillion ($6.3 billion) last year.

Hanoi’s Ring Road No. 2, between Nga Tu So intersection and Vinh Tuy Bridge, is expected to open to traffic early this year. Photo: VnEconomy

Hanoi’s total development investment capital stood at nearly VND468 trillion ($19.6 billion) in 2022, a year-on-year increase of nearly 14 per cent, according to the capital’s General Statistics Office.

It also reported that the disbursement of State capital was estimated at VND149.7 trillion ($6.3 billion) during the year, with the disbursement of FDI reaching VND30.7 trillion ($1.28 billion), up 9.9 per cent compared to 2021.

City authorities have directed contractors and investors to focus resources on speeding up the construction of key projects to help boost the disbursement of public investment capital.

Anh Tu

Source: VnEconomy

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