Hanoi (VNA) – The Prime Minister has approved adjustments to a project on developing the urban environment and infrastructure, in response to climate change, in Dong Hoi city, in the central province of Quang Binh and Hoi An ancient town in central Quang Nam province.
The Quang Binh provincial People’s Committee will replace Quang Binh urban environment and development company as the investor, while the management board of Chu Lai open economic zone will take the place of Quang Nam water supply and drainage company in operating the project.
The project will be carried out from 2015-2022 at a cost of 126.07 million USD, 4 million USD of which is non-refundable aid provided by the Asian Development Bank. One million USD will go to the Quang Binh provincial People’s Committee and the remaining to Quang Nam.
The Finance Ministry was assigned to appraise the localities’ solvency and report to the PM before the loan agreement takes effect.
The Quang Binh and Quang Nam authorities were requested to ensure the project’s efficiency.-VNA
