2:17 PM, 02/12/2013

Negotiations with IFDA approved

VGP – The PM has approved the negotiation with the International Dairy Foods Association (IDFA) about an Aid Agreement and related documents for a project o limate change adaptation in the Mekong Delta provinces of Ben Tre and Tra Vinh.

The negotiation is expected to be held on December 5-6 in Roma, Italy.

The PM asked the Ministry of Finance to host and work with relevant ministries and agencies to complete necessary procedures to negotiate with IFAD.

The project will be realized from 2014-2020. In Ben Tre Province, the project, worth US$24.66 million, including US$17 million in official development assistance (ODA) and US$7.67 million in corresponding capital, will be carried out in 30 communes.  

The Tra Vinh Provincial People’s Committee will implement the project in 30 communes. The project's total investment of US$24.67 million is comprised of an ODA sum of US$17 million and the corresponding capital of US$7.67 million./.

By Thuy Dung

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