ADB grants financial support for railway development in Hanoi

Hanoi has registered developing an urban railway and upgrading the city’s water supplies as the projects it has prioritised for ADB loans from 2013 to 2015.

After meeting with ADB representatives to discuss on the crediting programme for 2012-2016, ABD
has agreed to provide USD 1 Million (EUR 809,000) in non-refundable aid for the city’s urban railway no. 3 and USD 1.5 Million (EUR 1.2 Million) in non-refundable aid on technical support for a feasibility study on the no. 3 railway line, which will run from Hanoi’s main railway station to Hoang Mai.

Source: en.baomoi.com

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