Hanoi Municipal People’s Committee Vice Chairman Vu Hong Khanh held a December 6 working session with Hungarian Ambassador to Vietnam Torda Ester and Budapest Waterworks Chief Executive Officer Haranghy Csaba.
The two sides briefed each other on matters of interest in their respective cities and discussed implementing a clean water plant project using the Red River water source.
Authorities selected the Hanoi Water Supply Limited Company and the Budapest Waterworks Joint Stock Company as executor and chief investor of the US$273 million project.
The plant is designed to process an initial 300,000m3 of water every 24 hours when it opens in 2020, increasing to 450,000m3 by 2030. Funding comes from the Hungarian government’s official development assistance (ODA) loans channeled through MEHIB, Eximbank, and HCCI.
The working session also considered site clearance and other associated issues to ensure the project proceeds in accordance with Vietnamese laws.
Source : VOV News