A project upgrading 30 kilometres of National Highway 10 is set to receive 2.8 trillion VND (130.2 million USD) in funding from the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank).
National Highway 10 runs through six provinces and cities in northern coastal areas, a rapidly-growing and bustling part of the country. The improved road, spanning across Quan Toan and Cau Nghin, will be one of the driving forces behind the development of the port city of Hai Phong and neighbouring localities.
Vietcombank Chairman Nghiem Xuan Thanh shared that capitalising on its financial strength, the bank has thus far sponsored a great number of build-operate-transfer and build-transfer projects such as the Hanoi-Bac Giang road.
Vietcombank has confirmed its capital mobilisation and disbursement will enable the national highway project to be completed on schedule, Thanh said.
National Highway 10 with a total length of 351 kilometres runs from Quang Ninh province to the northern central province of Thanh Hoa via Hai Phong city and Thai Binh, Nam Dinh and Ninh Binh provinces.-VNA
National Highway 10 runs through six provinces and cities in northern coastal areas, a rapidly-growing and bustling part of the country. The improved road, spanning across Quan Toan and Cau Nghin, will be one of the driving forces behind the development of the port city of Hai Phong and neighbouring localities.
Vietcombank Chairman Nghiem Xuan Thanh shared that capitalising on its financial strength, the bank has thus far sponsored a great number of build-operate-transfer and build-transfer projects such as the Hanoi-Bac Giang road.
Vietcombank has confirmed its capital mobilisation and disbursement will enable the national highway project to be completed on schedule, Thanh said.
National Highway 10 with a total length of 351 kilometres runs from Quang Ninh province to the northern central province of Thanh Hoa via Hai Phong city and Thai Binh, Nam Dinh and Ninh Binh provinces.-VNA
