The signing ceremony of loan agreement for Rural Infrastructure Development Project in Ha Tinh Province.(Photo:BTC)
The Kuwait Deputy Finance Minister, Tran Xuan Ha and the Kuwait Fund Deputy General Director Hesham Al-Waqayan have signed a US$14.6 million loan contract with Vietnam in Hanoi on March 25, to help develop infrastructure in Ha Tinh province.
As of now, Kuwait has funded nine projects in Vietnam with a total loan of $140 million.
The fund focuses on the development of rural infrastructure projects such as small-scale irrigation systems and road infrastructure in the poorer districts and provinces nationwide.