Japan pledges US$400,000 in ODA

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HÀ NỘI — Japan has committed to give more than US$400,000 for four community projects across Việt Nam as a part of its long-term aid to the country.

In a signing ceremony held in Hà Nội yesterday, Japanese Ambassador in Việt Nam Hiroshi Fukada pledged to provide funding to three provinces to build a primary school in Cao Bằng, a school dormitory in Yên Bái and a box culvert across a stream in Lâm Đồng that frequently floods the road during the rainy season and isolates the residents.

Japan’s non-refundable official development assistance (ODA), totalling $406,893, will also provide Đà Nẵng and the neighbouring Quảng Nam Province with specific equipment for printing in braille, enabling blind people in those localities to have equal access to information.

“The non-refundable ODA plays an important role in promoting an inclusive economic development so that the wealth gap is not to be widened,” said Ambassador Hiroshi Fukada.

For the fiscal year of 2015, which runs from April 1, 2015 to March 31, Japan pledged to grant 300 billion yen ($2.56 billion) of ODA to Việt Nam. — VNS

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