December 30, 2017 | 21:43 (GMT+7)
Faster progress of Cat Linh-Ha Dong railway project requested
The Export-Import Bank of China (China Eximbank) has completed procedures to disburse an additional loan worth 250.6 million USD for Cat Linh-Ha Dong urban railway project in Hanoi.
The information was unveiled by the
Ministry of Transport’s Railway Project Management Board at a meeting held in Hanoi on December 29 to
review its performances in 2017.
Speaking at the event, Deputy
Minister of Transport Nguyen Ngoc Dong asked the board to work closely with the
Chinese contractor to speed up the construction and installation of equipment.
Any difficulty arising during the implementation process should be reported
immediately to the ministry, he said.
Dong added that the Ministry of
Transport will report the project’s progress to the government in January 2018
and propose a final deadline for the project.
Vu Hong Phuong, deputy general
director in charge of the board, said 95 percent of the project has been done,
and the progress was delayed due to slow disbursement.
He said the board asked the
contractor to make weekly and monthly plans and sign deals with sub-contractors
toward completing the project on schedule as directed by the government and the
Ministry of Transport.
Source: VNA