HCM City green lights 115 projects, to cost $193m

January 04, 2017 - 11:47

The HCM City People’s Committee has approved 115 projects that will cost VNĐ4.2 trillion (US$193.5 million).

The HCM City People’s Committee has approved 115 projects that will cost VNĐ4.2 trillion (US$193.5 million). — Photo chinhphu.vn

HCM CITY – The HCM City People’s Committee has approved 115 projects that will cost VNĐ4.2 trillion (US$193.5 million).

They are in education and training, healthcare, science and technology, culture-sports, environment, traffic infrastructure, agriculture and other spheres.

Of the cost, VNĐ3.9 trillion ($180 million) will come from the city’s coffers and the remaining VNĐ299.4 billion ($13.5 million) from other sources.

The largest amount -- of VNĐ1.2 trillion ($54 million) -- will go towards 37 education and training projects.

These will include upgrade and expansion of Thạnh An Junior and Senior High School in Cần Giờ District in 2017-19.

All the projects are scheduled to be finished by 2020.

The investors have the responsibility to research and confirm the feasibility of the projects to competent authorities.

The city Department of Investment and Planning will check, monitor and report the progress of the works to the People’s Committee. – VNS

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