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Efforts to speed up ODA disbursement

by VTV417 December 2018 Last updated at 09:37 AM

VTV.vn - The National Assembly has recently agreed on adding eight ODA transport projects with total investment of nearly 964.4 million USD to the plan for the 2016 - 2020 period.

To implement these projects, the state will have to spend counterpart funds that are 10% of the total investment, equal to nearly 95 million USD. Meanwhile challenges still remain as only two years are left to complete all procedures and make plans for these eight projects.

The slow granting of counterpart funds for ODA projects is quite common in Vietnam, not only slowing down projects but leading to their rising costs and compensations for ODA donors.

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