The Prime Minister has recently determined a financial mechanism for a project to improve the technical capacity of the Tumor Center at Cho Ray Hospital in Ho Chi Minh City.

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Accordingly, the PM agreed that the State budget will cover 95 percent of the project’s total investment capital and the remaining 5 percent will be re-loaned from the Austrian Government’s Official Development Assistance (ODA) with re-lending terms.

The project will equip the Cho Ray Tumor Center with the latest cutting-edge technologies and medical equipment, and technicians’ training that will help it keep pace with similar advanced centers in Asia and globally.

Inaugurated on April 30, 2015, with a capital investment of VND 428 billion (USD 20 million), the center has 14 floors and contains 250 patient beds.

Source: VNA