Can Tho City to Get favorable Financial Support

Can Tho City

A policy decision to give Can Tho favorable financial support has been made by the Prime Minister. Under the terms of the decision, infrastructure projects such as: upgrading and expanding Tra Noc Airport into an international airport, building some important national roads as well as cultural centers, national sport training centers, Can Tho University of Medicine…

 

Can Tho city can mobilize domestic capital by issuing local government bonds and source capital from international funds to carry out above projects. Can Tho city is also given priority getting ODA funding and budgeted loans for infrastructure projects where the chances of recouping capital are remote.

Source: TN, translated by Quy Thuong

Other news