Accelerating disbursement of ODA-funded projects

(VOV) – HCM City is focused on ensuring site clearance for major projects to get off the ground.

At present, it is monitoring three completed projects and 20 ongoing projects with a total investment of US$5.432 billion, of which US$4.27 billion comes from ODA, and US$1.162 from government funds.

Since the beginning of the year, the city has disbursed VND2.574 billion, up 21 percent from the same period last year. Among major projects are the East West Highway and Thu Thiem Tunnel which are expected to open to traffic in November 2011.

Tags: invest in Vietnam, Vietnam FDI, Vietnam FDI 2011, Vietnam investment

Posted by VBN on Oct 4 2011. Filed under Investment. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry