Deputy Prime Minister Ho Duc Phoc has just signed Decision No. 1145/QD-TTg approving the investment plan to supplement the charter capital of the parent company - Vietnam Expressway Corporation (VEC) for the period 2024 - 2026.
Accordingly, the charter capital of the parent company - VEC approved until the end of 2026 is 39,366 billion VND, an increase of 38,251 billion VND compared to the charter capital approved until 2023.
The source of additional charter capital from the Enterprise Development Investment Fund in the 3 years 2024 - 2026 is 1,562 billion VND and the state budget has assigned the plan to the Ministry of Transport (now the Ministry of Construction ) to invest in 05 expressway projects invested by the Vietnam Expressway Corporation and has been disbursed 36,689 billion VND.
The Deputy Prime Minister requested the Ministry of Finance and the parent company - VEC to take full responsibility for the completeness, accuracy, comprehensiveness and honesty of the contents, data of the report plan, appraisal results and proposals on the re-determined charter capital level and additional sources of charter capital according to regulations.
The Ministry of Finance and the Board of Members of VEC direct and organize the implementation of additional investment in charter capital for the period 2024 - 2026 for VEC, ensuring strict procedures in accordance with legal regulations; effectively manage and use capital and assets formed from the granted charter capital in accordance with regulations, avoid loss of state capital and assets, ensure the preservation and development of state capital at the enterprise; improve the quality and efficiency of VEC's operations after receiving additional charter capital, ensuring that it is truly a leading enterprise in the country in the field of investment and development of expressways, especially in the coming period.
The Ministry of Finance and the Ministry of Construction shall review according to their functions, tasks, and authority or propose to competent authorities to complete relevant legal regulations; the Ministry of Finance shall direct and guide the handling of issues related to management, use, accounting, and accounting of capital and assets, and plans for capital preservation and development when supplementing charter capital for VEC from the above-mentioned capital sources in accordance with Resolution No. 191/2025/QH15 dated February 19, 2025 of the National Assembly.
Source: https://baophapluat.vn/phe-duyet-bo-sung-hon-38000-ty-dong-von-dieu-le-cho-cong-ty-me-vec-post552112.html
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