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VN, WB gear up for urban development project in Northern provinces

VGP – Deputy PM Hoang Trung Hai presided over a meeting on June 25 between representatives of Vietnam and the World Bank (WB) on launching the Urban Development Project in Northern Mountain Provinces.

June 26, 2012 7:33 AM GMT+7

WB pledged to provide a loan of US $250 million for Vietnam to realize the project in the 2012-2014 period in four provinces of Dien Bien, Cao Bang, Bac Kan and Thai Nguyen.

At the meeting, the WB Country Director for Vietnam Victoria Kwakwa shared his views on the mode of deploying the project in an effective way. 

Deputy PM Hai highly appreciated the WB’s assistance to the development process in the country, especially in the urban infrastructure construction and upgrading of the Mekong Delta region.

He said the urban development project will help the four northern mountain provinces keep pace with other localities in the country.

 By Thuy Dung