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Jun 12, 2015 / 17:04

The French Development Agency provides record sponsorships for Vietnam in 2014

At the press conference held in Hanoi on June 11, Remi Genevey, Director of the French Development Agency (AFD) in Vietnam affirmed that Vietnam received record funding from AFD in 2014 for some development projects.

Director Remi Genevey highlighted that the AFD sponsored a record 89.3 million EUR for a number of development projects across Vietnam in 2014, including the pilot metro line No. 3 in Hanoi (69 million EUR), a climate change response support programme (20 million EUR) and the Ngu Ha River rehabilitation project in Hue city (300,000 EUR). 
 
Representatives of the AFD at the press conference
Representatives of the AFD at the press conference
In 2015, the agency will continue providing loans for Vietnam to deploy projects on renewable energy, river delta infrastructure development and climate change adaptation, the Director added.