ADB to lend US$100 million for road and bridge construction

VGP - The Asian Development Bank (ADB) has approved a US$100 million in non-refundable aid for the five provinces in Viet Nam to develop transport systems.

August 22, 2014 4:51 PM GMT+7

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The benefiting localities included Binh Phuoc, Dak Nong, Dak Lak, Gia Lai and Kon Tum.

The sum was pledged at a working session between the Binh Phuoc provincial People’s Committee and a working delegation from the Viet Nam Ministry of Planning and Investment (MoPI) and the ADB.

The projects aim to provide an efficient, safe and reliable road system to benefit ethnic minority groups and poor communities in the five provinces. They will start in early 2016.

In 2015, the ADB will provide $900,000 for the five provinces to make detailed plans for their projects.

By Vien Nhu