(VOV) - Japan’s Tokyo Corporation has decided to invest US$1.2 billion in an urban development project in the southern province of Binh Duong.
Deputy PM Hoang Trung Hai on June 25 presided over a meeting in Hanoi of representatives from ministries, departments, localities and the World Bank (WB) to discuss the launch of an urban development project worth US$250 million.
Ho Chi Minh City (HCMC) is finalizing a list of 14 key infrastructure projects suitable for foreign investment, worth billions of US dollars.
Prime Minister Nguyen Tan Dung has recently approved an urban development project along the corridor of the Greater Mekong Subregion (GMS),worth US$147,2 million, of which US$130 million is sourced from the Asian Development Bank (ADB).
Businesses from the Republic of Korea (RoK) are seeking to expand their activities in Vietnam following RoK president Lee Myung-bak’s tour of Southeast Asia, reported a RoK newspaper on October 26.
The World Bank (WB) has offered a US$152-million loan to the central city of Da Nang to conduct an infrastructural development project with a total investment of US$218 million, of which US$66 million will be sourced from Vietnam.
The Japan International Cooperation Agency (JICA) has completed its research into urban development in Hanoi, which suggests major strategic ways forward the city’s comprehensive development till 2030.