New ODA project to support Binh Dinh develop irrigation infrastructure
23/09/2013

 

On 06/9/2013, the Prime Minister issued a decision approving the projectlist "Development of irrigation infrastructure in Hung Yen and Binh Dinhprovinces" using ODA fund of the French Development Agency (AFD).

 

On 06/9/2013, the Prime Minister issued a decision approving the projectlist "Development of irrigation infrastructure in Hung Yen and Binh Dinhprovinces" using ODA fund of the French Development Agency (AFD).

The goal of the project is to build Thuong Son irrigation canal system inBinh Dinh in order to provide domestic water, water for aquaculture, livestock,poultry, industrial sectors, local services, improving living conditions.

The project is worth 15,474 million Euro, of which AFD loan worth 12,968million Euro for Binh Dinh province; non-refundable aid 150,000 Euro;contributed capital of Binh Dinh Province 2,356,000 Euro and its duration isfor four years.

In March 1993, the AFD was allowed by the competent French authoritiesto operate in Vietnam.On June 4, 1994, the Minister of Foreign Affairs issued adecision to promulgate regulations on the operation of the French DevelopmentFund (now called the French Development Agency).

Since 1994, AFD has funded 69 projects, total investment capital of 745million Euro. Approximately 11.3 million people have benefited from activitiesfunded by the AFD in Vietnam. Sponsorshiphas created positive impact on around 8 million households in Vietnam andfocused on: building 1,764 kilometers of roads, agriculture supporting projectsbenefiting 947,500 people, clean water supply for 966,000 people, vocationaltraining for 51 645 people ...