 |
|
State
Bank of Việt Nam Governor Nguyễn Văn Giàu (R) and ADB Country Director Ayumi
Konishi sign the loan agreement for the Project on clean water and sanitation
for rural areas in Central Việt Nam – Photo: VGP/Giang Oanh |
Leaders of the State Bank
of Việt Nam (SBV) and ADB on Tuesday signed a loan agreement worth of US $45 million
for the project.
Six beneficiary provinces
include Thanh Hóa, Nghệ An, Hà Tĩnh, Quảng Bình, Quảng Nam and Bình Định,
where the poverty rates are higher than the country’s average.
The ADB’s loan will be
valid for 32 years, including eight years of grace.
The remaining US $5 million
will be mobilized by the Government of Việt Nam and the beneficiary provinces.
At the signing ceremony, ADB
Country Direcotr Ayumi Konishi stated that his bank and other international
financial organizations highly valued the Vietnamese Government’s efforts for
socio-economic development, especially in disadvantaged rural areas.
By Xuân Hồng