Hanoi plans to raise up to 3.6 trillion VND (171 million USD) via bond issues next month for key infrastructure projects across the city.
Illustrative image. Photo: Internet
The money will be spent on the extended Road 5 and Belt Road 1 stretching from O Dong Mac to Nguyen Khoai dyke, Nam Son waste treatment complex, Duc Giang hospital and a capital urban transport project, said Director of the Hanoi State Treasury Dao Thai Phuc.
Over 2.2 trillion VND (100 million USD) of the sum is expected to be disbursed this year.
The city is considering issuing bonds with a longer maturity, Phuc revealed.
Source : VNA