WB-funded project approved

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Báo điện tử CP English - 31 month(s) ago 3 readings

VGP – The Prime Minister has ratified the outcomes of negotiations on a project to upgrade urban areas in the Mekong Delta.

The PM has authorized Governor of the State Bank of Việt Nam (SBV) Nguyễn Văn Bình to ink an agreement and related documents of the project.

The SBV has been asked to work with the Ministry of Construction, the Ministry of Foreign Affairs, the Ministry of Justice and the People’s Committees of Cần Thơ, Cà Mau, Đồng Tháp, Tiền Giang, Kiên Giang and Trà Vinh to process necessary procedures.

The PM has also signed the resettlement compensation policy framework for the project.

The People’s Committees of the six localities are in charge of approving plans on resettlement and site clearance for the implementation of the project.

The project is expected to improve infrastructure and services for over 1.5 million residents in the mentioned localities in the Mekong Delta./.

By Kim Anh

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