Mutsuya Mori (L), chief representative of JICA in Vietnam, at a press briefing in Hanoi March 6 to announce Japan's ODA commitment to Vietnam in 2014
Japan has said its official development assistance for Vietnam this year will not be less than than 200 billion yen (US$1.94 billion) it provided last year.
Mutsuya Mori, chief representative of the Japan International Cooperation Agency in Vietnam, said at a press briefing in Hanoi last Thursday that two ODA agreements worth around 25 billion yen ($243 million) were signed the same day in Tokyo programs to improve the competitiveness of the Vietnamese economy and help the country adapt to climate change.
He said big projects funded by ODA last year were executed well.
Among them were a beltway along Hanoi, a terminal at Noi Bai international airport, and renovation of the Da Nhim hydropower plant built in the 1960s with Japanese funding in south-central Vietnam.
The three projects received around 55 billion yen ($534.5 million) in ODA funds.
Mori said Japan has been providing grants and technology for a plant producing polio and measles vaccines and Vietnam can now produce these vaccines of international quality.
Japan is Vietnam’s biggest ODA provider, giving around $20 billion between 1993 and 2012.
But at a forum with foreign donors last December, Japan told Vietnam that commercial loans would replace preferential loans and grants now that the country has achieved “middle income” status.
Like us on Facebook and scroll down to share your comment