10:03, 23/03/2020

Using ODA capital for Belt Road 3 project

Khanh Hoa Provincial People's Committee has just announced its conclusion on the proposal for the province's general development project using the World Bank's official development assistance (ODA) from 2021 to 2026.
 

Khanh Hoa Provincial People’s Committee has just announced its conclusion on the proposal for the province’s general development project using the World Bank's official development assistance (ODA) from 2021 to 2026.
 
Accordingly, the committee approved of including a part of Belt Road 3 project (from Nguyen Tat Thanh Street to Vo Nguyen Giap Street) in the list of projects funded by World Bank's ODA, 2021-2026 period.
 
Earlier, the committee reached a consensus on Belt Road 3 investment priority order proposed by the provincial Department of Transportation. In particular, the road from Vo Nguyen Giap Street to Nguyen Tat Thanh Street, over 6.2km long, will be built by the province with the total investment of over VND2,130 billion. 
 
Belt Road 3 project, approved by Khanh Hoa Provincial People’s Committee, has a total length of more than 11.8km and a total estimated investment of over VND5,410 billion. The Belt Road 3 project’ starting point meets National Road 1 (Vinh Phuong Commune) in the north while finish point meets Nguyen Tat Thanh Street (Phuoc Dong Commune).
 
M.H
Translated by H.N