Vietnam Gets JICA Loan for Infrastructure Projects

The Japanese and Vietnamese governments have signed financing agreements worth 92.645 billion yen (nearly $1.2 billion), bringing Japan’s total agreed and signed official development assistance loans in 2011 to Vietnam to 133.591 billion yen.

The ODA loan from the Japan International Cooperation Agency will support six projects, including the public-private partnership-based Lach Huyen Port Infrastructure Construction Project as well as the construction of the Ben Luc-Long Thanh higway and a new thermal coal-fired plant and related facilities in the northern Thanh Hoa Province.

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    Eliza Villarino

    Eliza Villarino currently manages one of today’s leading publications on humanitarian aid, global health and international development, the weekly GDB. At Devex, she has helped grow a global newsroom, with talented journalists from major development hubs such as Washington, D.C, London and Brussels. She regularly writes about innovations in global development.