The Japanese Government pledges to give Việt Nam the second ODA package of ¥25.822 billion in the fiscal year 2009 which will terminate in March 31, 2010

23:10 - 02/05/2017

Minister of Planning and Investment Võ Hồng Phúc and Japanese Ambassador Sakaba Mitsuo today in Hà Nội signed a diplomatic note on increasing Japan’s ODA loan for Việt Nam.

The Japanese Government pledges to give Việt Nam the second ODA package of ¥25.822 billion in the fiscal year 2009 which will terminate in March 31, 2010.

The new sum brings Japan’s ODA commitment in 2009 to the ever biggest figure of ¥145.613 billion.

The money will be poured into five major projects, namely the terminal of the Nội Bài International Airport (¥12.607 billion); the road from the Nhật Tân Bridge to the Nội Bài Airport (¥6.5 billion); Cần Thơ Bridge (¥4.6 billion); National Highway 1, section from Cần Thơ to Cà Mau (¥1.03 billion); and infrastructure development of the Hòa Lạc Hi-tech Park (¥1.005 billion).

At the signing ceremony, Minister Võ Hồng Phúc stressed that Japan’s ODA loans will help to promote Việt Nam’s economic growth.

“We pledge to direct investors to complete the projects on schedule with a view to securing practical results of the loans,” said Mr. Phúc.

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