ADB grants Vietnam $1.5Mln to develop traffic in Ninh Thuan and Binh Thuan

On December 20, the Asian Development Bank (ADB) signed a non-refundable aid worth $1.5 million for Vietnam to build pilot project of traffic safety improvement on highway connecting the Ninh Thuan and Binh Thuan.

The fund is from the Japan Fund for Poverty Reduction managed by ADB, Tomoyuki Kimura, ADB’s Director in Vietnam said.

The aid will help Vietnam to address the urgent needs for pilot project of road improvement including traffic safety, resilience to natural disasters, infrastructure upgrade and activities to improve the public awareness.

Source TEI/StoxPlus

Posted by VBN on Dec 21 2011. Filed under Infrastructure. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry