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PM approves $100m loan to bridges work

Update: April, 09/2015 - 10:09
The project, funded by the Republic of Korea, aims to build new bridges and upgrade about 60 connecting bridges on highway systems across the country. — File Photo

HA NOI (VNS) — Prime Minister Nguyen Tan Dung has approved a US$100 million loan for a project to upgrade weak highway bridges.

The project, funded by the Republic of Korea, aims to build new bridges and upgrade about 60 connecting bridges on highway systems across the country.

The work is aimed at connecting localities and economic zones, reducing transport costs and traffic jams and contributing to socio-economic development.

The project will be carried out within four years with an added VND638 billion ($30 million) of domestic money. . — VNS

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