WB supplies Vietnam $300mln for traffic linking, forest protection

SGGP
The World Bank (WB) has agreed a loan worth US$300 million for Vietnam’s traffic connectivity in rural areas and forest protection in eight coastal provinces.

WB supplies Vietnam $300mln for traffic linking, forest protection

Of these, $150 million will be spent on traffic connectivity in the Central Highlands comprising a project to upgrade 142 kilometers of Highway 19. The upgraded road will be able to serve 6,200 motor vehicles a day.
The remaining of $150 million will be used for a project to modernize the forestry industry, increase the resistance for coastal areas and assist coastal forest management in Quang Tri, Thanh Hoa, Nghe An, Ha Tinh, Quang Binh, Thua Thien Hue, Quang Ninh provinces and Hai Phong city.

By HAM YEN – Translated by Hai Mien

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