Vietnam infrastructure gets $3.5 mln boost from ADB, France

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Front row: Agnès Arcier (2nd L), deputy general manager of ADETEF; Gilles Péqueux (2nd R), international relations manager of Egis International; and Le Van Tang, head of public procurement at the Ministry of Planning and Investment of Vietnam at the sign Front row: Agnès Arcier (2nd L), deputy general manager of ADETEF; Gilles Péqueux (2nd R), international relations manager of Egis International; and Le Van Tang, head of public procurement at the Ministry of Planning and Investment of Vietnam at the sign
A French consortium and Vietnam’s Ministry of Planning and Investment on Tuesday signed a technical assistance agreement worth US$3.5 million for infrastructure projects in Vietnam.
Under the contract, French engineering group Egis and technical cooperation agency Adetef will provide the Vietnamese ministry with the consultancy for those projects in terms of institutional, financial, environmental and social matters.
Fleur Pellerin, Minister of State for Foreign Trade, Tourism Promotion and French Nationals Abroad, and Bui Quang Vinh, Vietnam’s Minister of Planning and Investment, witnessed the signing of the agreement, which is funded by the ADB and the French Development Agency.
The infrastructure projects will be implemented under public-private partnerships, which refer to arrangements between public and private sectors whereby part of the services or works that fall under the responsibilities of the public sector are provided by the private sector.

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