400 billion VND granted to Danang to prepare for APEC

by VTV411 June 2016 Last updated at 07:00 AM

VTV.vn - On Thursday, Prime Minister Nguyen Xuan Phuc chaired a meeting to check the preparations for the 25th Asia-Pacific Economic Cooperation (APEC) Summit, which will take place in Da Nang on October 2017.

Da Nang will receive 400 billion VND, equivalent to nearly 19 million USD, from the central budget in order to help the city implement some key infrastructure projects in preparation for the APEC summit. These projects include upgrades to major streets and the Tien Son Sports Arena, and the development of the existing International Exhibition Fair Centre into an international media centre. 

He also urged city authorities to take initiative with their local budget and appeal for public donations in order to put these projects into place effectively.

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