'Post: Vietnamīs road to the future ?' Under Thirty

Jesus from North Waltham, Massachusetts - 04/09/10 19:25

Vietnam will get the biggest loan in its history ? an ammount of US $1.1 bn from the Asian Development Bank (ADB) to build a 244km highway, linking its capital Hanoi with mainland China . It will operate as a toll road so that the entire loan will be recovered within its first 10years of operation, referring to analysts prediction . Once the highway is completed, probably in 2012, drivers will be able to make the trip in less than one day, instead of two or even three days. The reduced travel time would increase employment opportunities in Vietnam, especially the north-west region, where communities have not been able to join in the countrys new prosperity. Furthermore with the cross-border benefits its ability to export agricultural and maritime products to China will be increased. Vietnams economy has been rapidly expanding over the past decade

• Vietnamīs road to the future ?

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