370tr dong of national investment forecast for 2006

11-Oct-2005 Intellasia | 10/Oct/2005 Saigon Giai Phong page 1 | 7:49 AM Print This Post

The Ministry of Planning and Investment expects 370 trillion dong or US$23.4 billion of investment capital to be spent in 2006, an increase of 17.8% compared to the same period last year.
Expectedly, the investment capital from the state budget would be around 80 trillion dong, accounting for 21.6% of the total investment capital. If including 14 trillion dong from government bonds, the total investment capital derived from the state budget would be 94 trillion dong. State-owned enterprises are expected to spend 73 trillion dong an increase of 21.7%, national investment 113 trillion dong accounting for 30.5% of the total capital and increasing 22.8%, foreign direct investment (FDI) 52 trillion dong or US$3.3 billion and other sources 17 trillion dong.
The investment capital will be used to develop important roads to key economic zones and invest in infrastructure of telecommunication and other services.

 

Category: Economy

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