Asian Surveying & Mapping
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March 12th, 2011
Viet Nam – $540m ADB Loan for Rapid Transit System

The Asian Development Bank (ADB) and the Government yesterday signed a US$540 million loan agreement for the construction of an urban mass rapid transit (MRT) line to reduce traffic congestion in HCM City. “The project promotes a modal shift from private vehicles to public transport,” said Ayumi Konishi, ADB Country Director for Viet Nam. Read More