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ODA loan flows into Hi-tech park infrastructure

12:30 - 04/08/2010

On March 18th 2010 Vice Minister of Finance Mr Tran Xuan Ha and Mr Monotori Tsuno, Chief Representative in Vietnam signed 5 Loan Agreements for five projects which are Terminal 2 Construction Project in Noi Bai International Airport (I); Noi Bai International Airport to Nhat Tan Bridge Connecting Road Construction Project (I); Cuu Long (Can Tho) Bridge Construction Project (II); Third National Highway No.1 Bridge Rehabilitation Project (II); and Hoa Lac hi-tech park infrastructure development project (E/S).

Since 1992, this is the 18th con year that Government of Japan gives ODA loan to Vietnam and always ranks the 1st position in the list of bilateral donors. Currently, the total committed amount is over 1,394 billion JPY. Only on the 2nd commitment of 2009, the total loan proceed for 5 projects is 25.822 billion JPY; that makes total committed amount in FY 2009 to 145.613 billion JPY, the highest amount ever since.

For HHTP Infrastructure development project, JICA supported in conducting Master plan updating study and Feasibility Study. In the coming time, JICA will continue supporting HHTP in infrastructure development with a 1.005 billion JPY loan to engineering service phase of the HHTP infrastructure development Project in detail design, training and institution. Together receiving the loan for this stage, the HHTP Management board will carry on preparation works for the construction phase. The Loan agreement signing ceremony firmly state the strong support for Government of Japan to HTTP, aiming at the development of high technology industry of Vietnam.

source: HHTP

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