Gov’t may set up working group to address bottlenecks in investment projects

Deputy Prime Minister Pham Binh Minh may be assigned to lead to the working group.

The Government chief also urged the ministry to have innovative approach to economic management and develop a socialist-oriented market economy which is independent, self-reliant, muti-sectoral, and deeply integrated into the world.

It is asked to end scattered and inefficient investment, design mechanisms and policies to promote the leading role of public investment, and mobilize non-state capital in order foster growth.

The ministry needs to focus on improving its state management capacity, especially in designing development strategies and planning schemes.

Preferential mechanisms and policies for priority areas and key tasks must worked out, required PM Pham./.

By Thuy Dung