Investment of USD 33 million to build 36 km of road in Quang Nam Province

HANOI, June 29 (Engineering Daily) -- The project will be used ODA loans from Korea Economic Development Co-operation Fund (EDCF).

The Prime Minister has just approved the investment plan of the Central Provincial Connection Project at Quang Nam province using ODA loans from EDCF.

In particular, 36.32 km road will be built during 4 years with total investment of USD 32.92 million.

The project is to complete the network to connect the transport between Central to Central Highlands; to connect Bo Y border gate to Ky Ha seaport, Chu Lai International Airport, Chu Lai open economic Zone and Dung Quat Economic Zone under “ASEAN connectivity” plan.

Also, the target of project is to develop the social economic the region that the project is passing such as market access, non-agriculture development, industrial development based on the land use rationalization and transport cost saving.

In the same day, the Prime Minister also issued the Decision No. 1142/QD-TTg to approve the contents of loan agreement from EDCF for the project of medical equipment supply for general hospital of Tieu Can, Tra Vinh province and Tan Chau, An Giang province.

The leader of Ministry of Finance will sign the abovementioned loan agreement with Korea side on behalf of Vietnam Government.