GWR
01-02-08, 08:12 PM
US$ 300 million for traffic development in Mekong Delta
Posted at 15h36, day 30 January, 2008
Hanoi Times – Mekong Delta provinces have started a transport infrastructure development project with a total investment of US$ 312 million.
Of the investment, US$ 207 million will come from the World Bank and US$ 25 million from the Australia International Development Agency (AusAid) while the remaining will be contributed by the Vietnamese government.
The first phase of the project, estimated to cost over US$ 100 million, will upgrade major national routes that link the region’s economic centers.
In the second phase, the project will pour over US$ 99 million into upgrading canals rated as third level and local waterways for two waterway corridors.
In the third and fourth phases, more than US$ 103 million will be transferred to the Ministry of Transport and 13 regional provinces to carry out sub-projects.
The project aims to facilitate traffic between Mekong Delta provinces, helping reduce poverty and boost socio-economic development in the region.http://www.hanoitimes.com.vn/newsdetail.asp?NewsId=2813&CatId=31
Posted at 15h36, day 30 January, 2008
Hanoi Times – Mekong Delta provinces have started a transport infrastructure development project with a total investment of US$ 312 million.
Of the investment, US$ 207 million will come from the World Bank and US$ 25 million from the Australia International Development Agency (AusAid) while the remaining will be contributed by the Vietnamese government.
The first phase of the project, estimated to cost over US$ 100 million, will upgrade major national routes that link the region’s economic centers.
In the second phase, the project will pour over US$ 99 million into upgrading canals rated as third level and local waterways for two waterway corridors.
In the third and fourth phases, more than US$ 103 million will be transferred to the Ministry of Transport and 13 regional provinces to carry out sub-projects.
The project aims to facilitate traffic between Mekong Delta provinces, helping reduce poverty and boost socio-economic development in the region.http://www.hanoitimes.com.vn/newsdetail.asp?NewsId=2813&CatId=31