The Japan International Cooperation Agency (JICA) has signed three loan agreements with the Government of Vietnam to provide an Official Development Assistance (ODA) loan of up to JPY60.983 billion (US$422 million) for the country’s post-COVID recovery and key infrastructure projects.
Of this, 50 billion yen (roughly VNĐ8.750 trillion) is for the General Budget Support Program focussed on the economic recovery and development of the country.
A further 6.244 billion yen (roughly VNĐ1.093 trillion) is for the Public Transport Infrastructure Improvement Project in the southern province of Bình Dương, while 4.74 billion yen (roughly VNĐ829 billion) is for upgrading infrastructure and agriculture in the southern province of Lâm Đồng.
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