Dam Vac bridge project loan signed

by VTV423 May 2017 Last updated at 14:00 PM

VTV.vn - Finance Minister Dinh Tien Dung and Director-General and Chief Executive Officer of the OPEC Fund for International Development Suleiman Jasir Al-Herbish, signed a 21.8 mil USD loan agreement for the Dam Vac Bridge Project in Vinh Phuc.

This is OFID's 20th project loan to Vietnam, bringing Vietnam's total lending to 217 milion USD. Vietnam government's policy of strengthening public debt management to ensure a safe and sustainable national finance has been conducted through re-lending to local authorities. The authorities of Vinh Phuc province will use the OFID loan to implement Dam Vac Bridge project. OFID Director-General said his organisation would continue to provide financial support for socio-economic development projects in Vietnam.

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