The Prime Minister has approved the VND 5, 310 billion project from the Support Fund for Enterprise Arrangement and Development to implement construction and investment in five hospitals in Ho Chi Minh City this year.

Accordingly, Bach Mai Hospital and Vietnam- Germany Hospital will be advanced VND 875 billion; the Ho Chi Minh City Children’s hospital and the Ho Chi Minh City Oncology Hospital will be paid in advance VND 1, 430 billion. Besides that, VND 1, 000 billion will be used for Trauma and Orthopedics Hospital of Ho Chi Minh City and Army Hospital.

In case of construction progress and disbursement of the projects exceed the expectation of the capital, the Prime Minister will hand over Ministry of Finance to chair and collaborate with Ministry of Science and Investment and Health Ministry in supplementing additional capital in line with the regulation.

Source: SGGP