The project has a total investment of 201.5million USD, with the World Bank providing a loan of 171.5 million USDand the remainder coming from the Vietnamese Government.
Theproject was designed to upgrade major waterway corridors and river portsin the northern region in a bid to reduce transport costs and improvethe quality of transport services, contributing to improving localpeople’s living standards and regional socio-economic development.
Waterways corridors linking Viet Tri and Quang Ninh through Duong riverand Hanoi and the East Sea through Lach Giang estuary will beupgraded, while new ports will be built in Phu Tho and Ninh Binhprovince./.