|HCM City has asked the government to allocate an additional VNĐ48.76 trillion (US$2.14 billion) worth of ODA funds for the city to continue work on two projects. — VNA/VNS Photo Mạnh Linh|
The Japan International Cooperation Agency (JICA) has urged the city to work with the government to request more funds to implement two JICA-funded projects this year.
The work includes construction on metro line No 1 Bến Thành-Suối Tiên and the second phase of a water environment improvement project on the Tàu Hủ-Bến Nghé-Đôi-Tẻ canal.
Under commitments with the contractors, annual ODA loans needed for the two projects would reach VNĐ29.512 trillion ($1.3 billion) by 2020, and VNĐ7 trillion ($308.34 million) for this year. Tiếp tục đọc “HCM City asks State for additional $2 billion of ODA”