Prime Minister Nguyen Tan Dung has recently approved an urban development project along the corridor of the Greater Mekong Subregion (GMS),worth US$147,2 million, of which US$130 million is sourced from the Asian Development Bank (ADB).

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The project aims to expand roads, build waste-water treatment plants and river dybe systems, improve water supply systems, and enhance urban management capacity.

It will hold support local socio-economic development and turn traffic corridors into real economic corridors.

The project is scheduled to be implemented from 2013 to 2018.

Source VOV