Vietnam rail, climate change projects

A US$5 billion high speed rail project will link Laos and Vietnam in five year’s time, following the signing of a construction agreement in Vientiane this week. The 220 kilometre project is funded by Malaysia’s Giant Consolidated Limited Group.

Also this week, Vietnam received a Euro 150 million loan from the European Investment Bank to fund climate change mitigation efforts such as clean energy projects and energy efficiency measures.

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