The project will benefit over 212,000 people in Bac Kan, Cao Bang, Ha Giang and Lang Son provinces.
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| Lung Cu district in Ha Giang province |
ADB Country Director in Vietnam Eric Sidgwick expressed his belief that the project will help develop the four provinces, especially in trade, agriculture and tourism.
The targeted province are expected to become trade hubs thanks to proximity to China, Hanoi, Hai Phong port and the ADB-supported Greater Mekong Subregion North-South Economic Corridor.
However, the gross domestic product per capita hits only USD 1,160, nearly half of the country’s average USD 2,036.
The project will clear barriers via developing basic infrastructure in the key fields of trade, transport, health care and agriculture while improving road connectivity by upgrading around 121km of provincial roads and 144km of district roads, supplying water to 42,300 rural people and improving infrastructure in agricultural value chain in Lang Son.
At the same time, it will also enhance capacity of provincial authorities, especially in public asset management.
The total cost of the project is estimated at USD 195.9 million, USD 45.9 million of which was from the Vietnamese government. It is scheduled for completion by the first quarter of 2023.
Source: VNA