The Korea Eximbank Chairman made the statement at his meeting with Prime Minister Nguyen Tan Dung in Hanoi on October 27.

PM Dung spoke highly of Korea Eximbank’s provision of loans for Vietnam for developing socio-economic infrastructure.

He said projects with the bank’s investment, especially the construction of Vam Cong bridge and the southern coastal road route, were important to Vietnam’s socio-economic development and contributed in a practical way to friendship and cooperation between the two countries.

PM Dung told the bank official that Vietnam’s biggest current challenge was investment for infrastructural development, especially transport systems, so the country is in dire need for international community’s assistance, including that of the Republic of Korea.

He asked Korea Eximbank to continue arranging loans for Vietnam to enable it to complete the construction of Vam Cong bridge and the southern coastal road route.

Korea Eximbank Chairman highly valued the Vietnamese government’s role in weathering economic crisis impact and maintaining the country’s economic growth.

He said he believed Vietnam would fulfill all development goals it has set forth.

Korea Eximbank and the Vietnamese Transport Ministry are working on loans for a series of transport infrastructure projects, including US$120 million for the southern coastal corridor road route, US$200 million for the construction of Vam Cong bridge, and  US$100 million for the building of Vinh Thinh bridge.