Vietnam PM consents to accepting S.Korean ODA for key Mekong Delta road

Thursday, August 20, 2020, 10:32 GMT+7 tuoitrenews

Vietnam PM consents to accepting S.Korean ODA for key Mekong Delta road
A map details the location of the future My An-Cao Lanh road in the road network of Vietnam’s Mekong Delta region. Graphic: Tuoi Tre

Vietnam’s prime minister has approved a proposal by the Ministry of Planning and Investment and the Ministry of Finance to construct a key road in the Mekong Delta using official development assistance (ODA) loans from South Korea.

A total of US$166.47 million in untied ODA loans will be taken from the Korea Economic Development Cooperation Fund (EDCF) via the Export-Import Bank of Korea (Keximbank) for the My An-Cao Lanh road project in Dong Thap Province, according to the proposal.

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