Vietnam and Italy on May 22 signed a memorandum of understanding (MoU) on the implementation of three projects using Italy’s preferential credit source worth EUR38.1 million.
Signatories to the MoU were the Vice Minister of Planning and Investment, Cao Viet Sinh, and the Italian ambassador to Vietnam, Andrea Perugini.
Signatories to the MoU were the Vice Minister of Planning and Investment, Cao Viet Sinh, and the Italian ambassador to Vietnam, Andrea Perugini.
These projects include a EUR9.5 million project to improve the water drainage and environmental sanitation system in Nui Thanh urban area, in the central province of Quang Nam, a EUR15 million project to provide safe water and upgrade irrigation system in the southern province of Binh Thuan, and a EUR13.6 million project to build the water drainage and waste water treatment systems in Ca Mau city.
The Ministry of Planning and Investment said that these projects meet goals set by the socio-economic development plans of localities. The Vietnamese Government will contribute EURO12.5 million to these projects.
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