|
Germany pledges $372m in ODA
The Federal Republic of Germany has pledged official development assistance (ODA) of more than US$372 million to Viet Nam during the next two years – the biggest sum yet allocated.
The announcement was made at a press conference held by the German Embassy in Ha Noi yesterday after representatives from both countries concluded two-day negotiations on development co-operation.
German Ambassador Claus Wunderlich said Germany expected to further the bilateral co-operation, adding that Viet Nam was the most significant country receiving ODA from Germany in South-east Asia.
Of the assistance, nearly $1.3 million will be spent on repairing flood damage and enhancing flood protection in the Cuu Long (Mekong) Delta.
According to Vest Brunhilde from the German Ministry of Economic Co-operation and Development, assistance will cover vocational training, environment, especially climate change response, and health care.
She said Germany was also ready to share its climate change experiences with Viet Nam. In addition, support would be given to develop Lilama 2 Vocational Training to raise the quality of human resources.
Health-care related projects would aim at making health services more accessible to the poor in disadvantaged localities in Yen Bai, Thai Binh, Thanh Hoa and Phu Yen provinces.
The development of clean energies would also be a focus.
The Germany-Viet Nam Joint Statement, issued last year, marked the enhancement of a relationship that was re-established in 1990.
Up to September 2011, Germany poured a total investment of $977 million into Viet Nam, ranking 24th out of more than 90 foreign investors.
vietnamnews
|
