US$490 mln ADB loan for two infrastructure projects in VN (17/10)
17/10/2013 - 11 Lượt xem
The above project aims to
improve transport in the Mekong Delta region and link roads from Ho Chi Minh
City to some southern coastal provinces by building the Cao Lanh Bridge across
the Tien River and Vam Cong Bridge across the Hau River.
Millions of residents in An
Giang, Can Tho, and Dong Thap Provinces will benefit from this project which
will also create more jobs and increase trade in the Mekong Delta.
Within the next five years,
the project is expected to improve transport infrastructure, reduce poverty,
intensify national security and defense, and foster socioeconomic development
in the Mekong Delta and southwest region.
The Rural Infrastructure
Development Project for the Central Highland Provinces will receive $80 million
in preferential credit from ADB and will be implemented during the period from
2014 to 2018. This is aimed at reducing poverty by developing technical and
social infrastructure and improving socio-economic conditions for residents in
the region.
Source: SGGP
