Nearly US$26 million allocated to manage roads

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Nhân dân English - 31 month(s) ago 4 readings

Nhan Dan - US$25.9 million in undisbursed capital from the Vietnam Road Asset Management Program (VRAMP) will be allocated to the Road Network Improvement Project (RNIP), pursuant to the Prime Minister’s Document No.385/TTg-QHQT.

The capital, funded by the World Bank (WB), will be used to upgrade and maintain national highways and bridges.

The PM asked the State Bank of Vietnam to inform the WB about the change before March 31, 2012 and required the Transport Ministry to strictly supervise the implementation of the project to ensure its efficient progress.

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