Propose additional charter capital 38,251 billion for VEC

CAO NGUYÊN |

The Government proposed the National Assembly to approve the investment policy to supplement the charter capital for the parent company - VEC period 2024-2026 is 38,251 billion dong.

On October 10, the National Assembly Standing Committee commented on the investment plan to supplement charter capital for the period of 2024 - 2026 of the parent company - Vietnam Expressway Development Investment Corporation (VEC).

Presentation of the investment plan supplemented with charter capital for the period 2024 - 2026 of the parent company - VEC, Minister of Finance Nguyen Van Thang stated that currently, the charter capital of the parent company - VEC is very low ( VND 1,115 billion) compared to investment scale (about 108,865 billion dong).

Therefore, VEC has difficulty mobilizing capital sources to invest in high -speed road projects, ensuring the completion of production and business plan and development investment for 5 years in the period of 2021 - 2025.

The Government proposed that the National Assembly allows the use of public investment capital to assign plans to the Ministry of Transport to invest in the project amount of VND 36,689 billion, of which 10,062 billion VND of reciprocal capital from the state budget, 24,127 billion dong of ODA capital at projects implemented in the form of loan transfer to re -lending into state budget allocation, 2,500 billion dong of state budget allocation for Noi Bai - Lao Cai and Cau Gie projects - Ninh Binh, to convert into charter capital for the parent company - VEC.

At the same time, the Government also proposed the National Assembly to approve the investment policy to supplement charter capital for the parent company - VEC period 2024-2026 is VND 38,251 billion, including VND 1.562 billion from the Development Investment Fund at the Business Industry and 36,689 billion dong from the state budget (public investment has assigned plans to the Ministry of Transport to invest in 5 high -speed road projects invested by VEC and have been disbursed).

Presenting the preliminary verification report, Chairman of the Finance - Budget Committee Le Quang Manh said that most of the opinions in the Standing Committee of the Finance - Budget Committee agreed with the need for additional investment to supplement capital Principle for the parent company - VEC.

Regarding the additional investment capital, most of the Standing opinion of the Finance and Budget Committee agreed with the Government's proposal on the use of VND 1.562 billion from the Development Investment Fund at the enterprise To increase the charter capital for the parent company - VEC.

Particularly for capital of 36,689 billion dong from the state budget, investing in the construction of 5 high -speed road projects invested by VEC, requesting the Government to report to the competent authority for consideration and agreement The policy before reporting to the National Assembly considers and decides the policy of increasing charter capital for the parent company - VEC.

Regarding the additional investment capital of charter capital, the Standing Committee of the Committee proposed to clarify the increase of charter capital for the parent company - VEC is to increase with the source of money or assets for 5 projects invested.

Appearing with the addition of charter capital for the period 2024 - 2026 of the parent company - VEC, Member of the Politburo, National Assembly Chairman Tran Thanh Man proposed the relevant agencies to complete procedures soon and ensure the calculation Exactly about information and data; There must be the agency responsible for the Ministry of Finance and the State Audit to confirm these figures.

"We organize the implementation, guide the inspection and supervision of the implementation of investment capital for the period of 2024 - 2026, in principle the Government is responsible for ensuring the use of capital effectively and does not cause loss Escape the state asset, direct VEC to continue improving production and business results, focusing on restructuring the organizational structure to save costs ” - Chairman of the National Assembly emphasized.

CAO NGUYÊN
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