The Temasek Foundation of Singapore and the World Bank (WB) will fund aprogramme on enhancing traffic management capacity and transportplanning for the central city of Danang.
An agreement to this effect was signed in Danang on July 26 between the Danang People’s Committee and the Singapore Cooperation Enterprise (SCE), a representative of Temasek said.
Through the programme, Singapore desires to share its experience in management and urban transport planning and help the Vietnamese central city develop a modern and sustainable urban transport system.
Accordingly, Temasek will provide S$915,158 (roughly VND15.47 billion) while Danang city will contribute S$239,080 (VND4.04 billion).
The programme will be divided into two components, one of which, to take place from September, 2011 to June, 2012, will focus on urban transport planning for Danang.
In the second component, to be implemented between now and December this year, the Singaporean group and the Danang People’s Committee will work together to organise six training courses on the planning and management of urban transport for members of relevant departments, branches and agencies of Danang.
VIR