Funding for the Projects of Forests - News from World Bank

Tuesday - 27/06/2017 08:46
Vietnam to Benefit from Better Access to Markets and Protection of Coastal Forests
Funding for the Projects of Forests - News from World Bank

There is one good news from the announcement from World Bank: $300 million new financing aims to improve connectivity in Central Highlands and create more jobs in coastal provinces.

Vietnam will benefit from $300 million in new financing that will support its efforts to improve transport connectivity in the countryside and to protect forests along eight coastal provinces.

 On June 22, 2017, the World Bank’s Board of Executive Directors approved to support the two projects: Central Highlands Connectivity Improvement Project and the Forest Sector Modernization and Coastal Resilience Enhancement Project. 

Financing for the two above projects is supported by the International Development Association (IDA), the World Bank's fund for low income countries.



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