Transport sector to boost divestments in Q2
The Ministry of Transport (MoT) will divest from non-core businesses in 59 State-owned enterprises under its management in the second quarter of this year, planning to collect VND6.367 trillion (US$275 million), according to Transport Deputy Minister Nguyen Ngoc Dong.
Dong made the statement during a meeting held on April 12 in Hanoi to review the accomplishments of the first three months of 2016 and outline tasks for the next quarter.
He said the ministry should focus on proposing mechanisms and policies to encourage enterprises to develop transport infrastructure.
The ministry should also accelerate the disbursement of sourced projects, especially prioritised construction works, he added.
In the first quarter of this year, 25 enterprises under the MoT held the first shareholder meetings after equitisation, including the Airports Corporation of Vietnam.
He said the ministry should focus on proposing mechanisms and policies to encourage enterprises to develop transport infrastructure.
The ministry should also accelerate the disbursement of sourced projects, especially prioritised construction works, he added.
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In the period, the ministry completed capital divestment from 9 companies, collecting a total amount of almost VND2 trillion (US$86 million).
The transport sector also completed and put into operation 23 projects, as well as basically completing the tender-work to choose a consultant for the feasibility study on Long Thanh International Airport, which is set to be Vietnam’s largest airport.
