NDO/VNA – Deputy Prime Minister Trinh Dinh Dung hosted a reception in Hanoi on December 20 for Regional Director of the World Bank (WB)’s Infrastructure Department in the East Asia and Pacific Region Ranjit Lamech and WB Country Director in Vietnam Ousmane Dion. |
The Deputy PM thanked them for providing active and important support for Vietnam via policy consultation, official development assistance, and technical support in infrastructure, especially in energy over the past years. Since 1995, the WB has assisted the Vietnamese power sector in 12 projects on power grid development in rural areas, electricity transmission and distribution with the total loan of nearly 3.92 billion USD, he said. According to him, Vietnam needs to supply nearly 8,000MW of electricity on average each year, which requires an annual capital of US$ 9-10 billion. |