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- Operations
- Da Nang City Transport Project
Da Nang City Transport Project
Vietnam
| Borrower | Vietnam |
| Financing Type | Public Sector |
| Instrument | Project Loan |
| Focus Area | Transportation |
| Approved | 13.12.2016 |
| Signed | 28.08.2019 |
| Status | Ongoing |
| Loan Administrator | OPEC Fund |
| Executing Agency | Da Nang City People's Committee (DPC) |
| Co-financiers | Government |
| OPEC Fund Contribution (US$m) | 45.00 |
| Total Project Cost (US$m) | 61.40 |
This project will complete construction of the Ring Road around the city to boost socioeconomic development, directly benefiting over one million inhabitants. This will also improve connectivity of the southeast and western rural regions to the city center, thus opening up access to employment opportunities and social amenities.