Hanoi (VNA) – The Prime Minister has approved adjustments to an investment project on water supply andurban waste water treatment funded by the World Bank (WB).
The deadline for implementing the project will be extended to December 31.
The Prime Minister asked the State Bank to work with the WB to adjust theagreement on the project in line with law.
The Ministry of Construction and People’s Committeesinvolved in the project were asked to ensure the implementation of the projecton schedule.
Deputy Prime Minister Pham Binh Minh also adopted a proposal on projects to connecttransport in northern mountainous provinces and upgrade the East-West Corridor inthe Greater Mekong Sub-region using loans from the Asian Development Bank (ADB).
He also approved an investment project on technical support to enhance links inthe East-West Corridor using non-refundable official development assistance fromthe ADB.
Financial mechanisms for the projects will be determined based on meetingsbetween the Ministry of Planning and Investment and the Ministry of Transportwith the bank.
The Ministry of Finance will coordinate with the Ministry of Transport andagencies and localities to build a finance mechanism.-VNA
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Illustrative image (Source: VNA) 
