Business

Gov’t gives nod to Spanish-funded project

The Government has agreed in principle to a project to build an urban railway route in Ho Chi Minh City , which uses Spain ’s preferential ODA loans of the Spanish Government’s official development assistance (ODA).
The Government has agreed in principle to a project to build an urbanrailway route in Ho Chi Minh City , which uses Spain ’spreferential ODA loans of the Spanish Government’s official developmentassistance (ODA).

In his official document No. 334/TTg-QHQT,Prime Minister Nguyen Tan Dung required the municipal People’s Committeeto guide the project owner to make a feasibility study on a metro routefrom Bay Hien cross road to the Sai Gon bridge.

The Ministry ofPlanning and Investment and relevant agencies were asked to payattention to organisation and implementation of the project.

TheMinistry of Planning and Investment was assigned to officially informthe Spanish side about the project inline with the agreement under thefinancial cooperation programme between the two governments./.
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