The Governor of the State Bank of Viet Nam was authorized to ink the loan agreement and non-refundable aid agreement with the Asian Development Bank (ADB).

The 950km-long route begins in Thailand’s capital city of Bangkok and runs through Cambodia to finish in Ca Mau city of Viet Nam. It is part of the Sub-Mekong regional cooperation program.

The project is being implemented at a cost of US$ 398 million sourced from preferential loans of the Government of the Republic of Korea and the Asian Development Bank; non-refundable aid of the Australian government and reciprocal capital of the Vietnamese Government.

Once operational, the road is expected to facilitate travels and goods circulation in the region and open up possibilities for exporting goods to Cambodia through the Ha Tien International Border Gate in Kien Giang province

Viet Nam is responsible for building 217km from Xa Xia border gate to Ca Mau province.

By Kim Anh