BIDV lends nearly 300 million USD in transport, housing
The Bank of Investment and Development for Vietnam (BIDV) will lend
6,225 billion VND (about 296.43 million USD) to several BOT
(Build-Operate-Transfer) projects to expand and upgrade national
highways and develop social housing.
The Bank of Investment and Development for Vietnam (BIDV) will lend
6,225 billion VND (about 296.43 million USD) to several BOT
(Build-Operate-Transfer) projects to expand and upgrade national
highways and develop social housing.
A contract between investors, lenders, contractors and materials suppliers of the projects was signed on July 19 in the central province of Binh Dinh .
The Vietnam Construction Bank (VNCB) is the other lender to the projects, which have a total investment of 8,446 billion VND (about 402.2 million USD).
The BOT projects aim to upgrade three sections of National Highway 1A (km 587-649, km 672-704, and km 1212-1265); and the section of Ho Chi Minh Trail (or National Highway 14) in Pleiku; as well as build a housing complex with 1,735 apartments.-VNA
A contract between investors, lenders, contractors and materials suppliers of the projects was signed on July 19 in the central province of Binh Dinh .
The Vietnam Construction Bank (VNCB) is the other lender to the projects, which have a total investment of 8,446 billion VND (about 402.2 million USD).
The BOT projects aim to upgrade three sections of National Highway 1A (km 587-649, km 672-704, and km 1212-1265); and the section of Ho Chi Minh Trail (or National Highway 14) in Pleiku; as well as build a housing complex with 1,735 apartments.-VNA
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