Wednesday, 10/09/2008 10:56

Preparation accelerated for Thailand Gulf belt road

The southern province of Kien Giang is speeding up site clearance for the building of a belt road running along the Gulf of Thailand to link Vietnam with Cambodia and Thailand.

The project, scheduled to start early 2009 and complete five years later, is estimated to cost 328 million USD sourced from loans by the Asian Development Bank and the Republic of Korea, non-refundable aid of Australia and corresponding capital of Vietnam.

The belt road will run through Kien Giang and Ca Mau provinces in Vietnam with a total length of 220km.

VNA

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