Vietnam Govt Oks AFD-funded Infrastructure Project in Northern Province

Vietnamese Prime Minister Nguyen Tan Dung has approved the portfolio project on infrastructure development in the northern mountainous province of Lao Cai in the 2010-2020 period. The project will be funded by the French Development Agency (AFD) with an estimated sum of EUR10 million, including EUR500,000 in non-refundable aid, the government said on its website, giving no more detail.  With a EUR20 million credit which has been signed for Ho Chi Minh City recently, the total accumulated net commitments of AFD for public official development assistance (ODA) in Vietnam will amount to about EUR1.05 billion. (news.gov.vn Oct 20)