The project requires total investment capital of 6 million EUR, including over 5 million EUR in preferential credits from the Norwegian Government.
The PM also approved another project to develop the urban transport network in Hai Phong city, which is to be financed by the World Bank.
This project, worth more than 240 million USD (approximately 185 million EUR) aims to help Hai Phong city to upgrade its public transport services and increase traffic safety, enhancing capacity of the municipal traffic management institutions.
Source: VNA
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