Japan has not committed ODA for Long Thanh airport
Saturday, 15:44, 18/10/2014
(VOV) - Japan has not committed US$2 billion in Official Development Assistance (ODA) to construct the Long Thanh airport as there was a misunderstanding at the 17 October online conference, said deputy minister of transport Pham Quy Tieu.
Earlier, the Japan Embassy in Vietnam denied committing to provide US$2 billion in preferential loan for International Long Thanh Airport.
Deputy Minister of Transport Pham Quy Tieu said the Japanese side just pledged to support the development of Long Thanh airport project but did not provide any assurances or a specific figure of a preferential loan.
US$2 billion is a committed figure by the French Architecture and Engineering Company (ADPI) which will provide loans to Vietnam in the form of trade, Mr Tieu said.