At the signing ceremony (Photo: baotintuc.vn)

The project costs 10.7 million USD, 10.5 million USD of which was from the Swiss State Secretariat for Economic Affairs (SECO) entrusted to the WB; and 202,000 USD from the city’s budget.

Invested by the management board of transport construction works, the project will help improve the quality and efficiency of the public transport system along the priority corridor in the city, as well as enhance the capacity of staff working in transport and urban planning.

Since 2008, the SECO has entrusted the WB with managing over 150 million USD in non-refundable aid for projects in Vietnam in the fields of public finance and sustainable urban management, climate change response, and environment protection.

Source: VNA