Japan Funds $171.82M for Environment Project in Vietnam Province

The Japanese government has pledged to provide VND3.28 trillion ($171.82 million) in loan for a VND4.53 trillion environmental project in Vietnam’s northern city of Haiphong, the Dau tu newspaper reported July 14. Of the project’s total capital, VND3.22 trillion will go to wastewater drainage, VND984.66 billion for solid waste management and the rest for upgrading the sanitation of resettlement areas in An Duong and Thuy Nguyen districts. Japan is now the largest bilateral donor of Vietnam with roughly $16 billion committed to the Southeast Asian country, accounting for one third of Vietnam’s pledged ODA. It pledged $1.64 billion ODA to Vietnam this year compared to $2 billion last year.