Ha Tinh launches city development project using ADB loan
A project on development of Ha Tinh city in the central province of same name was launched on May 24, using official development assistance (ODA) loan from the Asian Development Bank.
Ha Tinh (VNA)🍒 – A project on development of Ha Tinh city in the central province of same name was launched on May 24, using official development assistance (ODA) loan from the Asian Development Bank.
Chairman of the Ha Tinh city People’s Committee Ha Van Trong, the project, which has a total investment of 31.67 million USD, is aimed at strengthening flood control by building a drainage system, as well as improving the environment and developing the urban landscape.
It is expected to contribute to socio-economic development of the city and surrounding areas, thus turning Ha Tinh into second-tier city by 2018, he added.
The programme is part of the Secondary Cities Development Project which is implemented with official development assistance from the Asian Development Bank (ADB).
The project which targets the three cities in central Vietnam has a total investment of 121 million USD, of which 95 million USD is sourced from the ADB. It aims to better locals’ living conditions.-VNA
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At a review conference held on June 21, Deputy Minister of Construction Nguyen Van Sinh praised the province’s scientific, coordinated, and flexible approach. He noted that the early completion reflects the strong commitment of local authorities, the business community, philanthropists, and residents in improving housing conditions for disadvantaged groups.
The VNA delegation, led by General Director Vu Viet Trang, actively participated in the event, engaging in both professional and diplomatic activities.
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The total investment exceeded 319 billion VND (12.2 million USD), including over 261 billion VND from the state budget and 57.5 billion VND mobilised from businesses, organisations, and individuals.
Part of Ha Tinh city (Photo:Internet)
