VDB financing project to upgrade Highway 10
03/06/2016 12:06
The signing ceremony of a credit agreement between VDB’s branch of Ha Nam and Nam Dinh area and TASCO Joint Stock Company was held in Nam Dinh province on June 2nd, 2016.
Under the signed contract, VDB will finance VND369 billion of the total investment VND434 billion for a bypass project in Dong Hung Town, Thai Binh Province on Highway 10.
Earlier, VDB had provided TASCO with a sum of VND665 billion to upgrade Highway 10’s section from Tan De to La Uyen bridge in Vu Thu district, Thai Binh province (Km 92+900 - Km 98+400).
In completion, the project will contribute to the development of a modern and synchronous transport infrastructure, meeting higher transport’s standard demand, ensuring traffic safety and environmental protection. /.