The 16 key projects include 110KV and 220KV power projects that will enter operation this year.
HCM City to carry out 44 power projects this year
This is part of the city’s plan to boost public investment this year.
Bui Hai Thanh, deputy general director of EVNHCMC, has said that the firm would closely cooperate with concerned agencies to take drastic measures to ensure the projects were completed on time.
HCM City will also invest into 60 other power projects in the coming years.
Prime Minister Pham Minh Chinh previously urged HCM City to speed up the disbursement of public investment to further boost economic growth.
The city has established three teams to support projects allocated with large capital in 2022 and asked the municipal departments and grassroots authorities to promptly lift hindrances to disbursement.
HCM City topped the nation in terms of disbursement of public investment capital in January with nearly more than VND1.63 trillion (USD69.36 million).