THE SOCIALIST REPUBLIC OF VIET NAM
Government News
VN borrows credit for biodiversity conservation in GMS
VGP – The Government chief recently agreed to borrow US $30 million in credits from the Asian Development Bank (ADB) to implement the second phase of the Project on Greater Mekong Sub-region Biodiversity Conservation Corridors in Việt Nam.
November 17, 2010 11:08 AM GMT+7
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The Government chief assigned the Ministry of Natural Resources and Environment to review and ratify the project in line with the current regulations.
In the second phase, the project, expected to need US $34.083 million, will be implemented at central agencies and 34 communes in three central provinces of Quảng Nam, Quảng Trị, and Thừa Thiên-Huế.
The project targets to set up biodiversity conservation corridors in the provinces in response to climate change and in the economic interest of local residents./.
By Kim Anh