Vietnam: Urban Upgrading Project Additional Financing
WASHINGTON, July 2, 2009 - The World Bank’s Board of Executive Directors today approved the following project:
Vietnam: Urban Upgrading Project Additional Financing
IDA Credit: US$160 million
Terms: Maturity = 35 years; Grace period = 10 years
Project ID: P115897
Project Description: The proposed additional financing will finance the inclusion of the Tan Hoa–Lo Gom canal improvement sub-project in Ho Chi Minh City and will cover a financing gap due to high levels of inflation in the construction sector in Vietnam.
Media Contact
Mohamad Al-Arief
(202) 458-5964
For program documents, please visit:
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