PM approves $147 mln urban development project

Prime Minister Nguyen Tan Dung has recently approved an urban development project along the corridor of the Greater Mekong Subregion (GMS),worth $147.2 million, of which $130 million is sourced from the Asian Development Bank (ADB).

The project aims to expand roads, build waste-water treatment plants and river dybe systems, improve water supply systems, and enhance urban management capacity.

It will held support local socio-economic development and turn traffic corridors into real economic corridors.

The project is scheduled to be implemented from 2013 to 2018.

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