Vietnam uses Japanese loans to build bridges

Vietnam will use loans from the Japan International Cooperation Agency (JICA) to build 25 bridges cross the country.

Vietnam will use loans from the Japan International Cooperation Agency (JICA) to build 25 bridges cross the country.

Vietnamese Prime Minister gave a green light to build 25 bridges to replace 31 those which have not been used any more.

The PM ordered the Ministry to ensure total investment of the bridges not to exceed the loans as per the agreement.

These 25 bridges will replace bridges in poor conditions nationwide.

The replacement program will include two phases: 144 bridges will be built in the first phase and the second phase will be carried out soon. Total investment for the second phase to build and repair 82 bridges is VND5.800 billion (US$ 257,832,000)

The Ministry of Transport has checked and stopped using 31 bridges out of 82. There has been around VND1,900 billion (US$84,448,366) left from spending for the national highway No.2; accordingly the Ministry proposed using all the remaining for building 25 bridges. It is planned to spend VND1,686 billion for building 25 bridges.

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