Previously, in 2020, VDB’s Operation Center I had signed with VNCS a JPY 231,626 million on-lending contract to finance the 1st phase of this project.
The objective of the Project is to upgrade and establish Vietnam's disaster and climate change planning, mitigation, and response, by providing earth observation satellites, equipment and facilities for satellite development and utilization, and, capacity development for O&M of the equipments and facilities, by contributing to improvements of living and social conditions in Vietnam
The project will provide required equipments for the development and usage of earth observation satellites facilities in Hoa Lac, Hanoi, improve analysis of data obtained from satellites as well as to build up capacity for staff in charge of operating and maintaining equipments.
The project has a special significance to the Vietnam’s science and economy. The credit contract signing event reaffirmed VDB's role and contribution to the development of Vietnam ./.