Tuesday , November 26 2024

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China-based lender AIIB to allocate $5B for Vietnam rail projects

Beijing-based lender Asian Infrastructure Investment Bank (AIIB) will allocate $5 billion in credit with incentive interest rates to fund Vietnam’s key rail projects. AIIB President Jin Liqun made the offer to Vietnamese Prime Minister Pham Minh Chinh Tuesday. Chinh has earlier asked AIIB for consultancy and funding for Vietnam’s key …

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