Economics, Econometrics and Finance
6 years ago

Vietnam's New Financing Facility to Revolutionize Local Infrastructure Development

Washington, DC: World Bank eBooks
Mobilizing Finance for Local Infrastructure Development in Vietnam: A City Infrastructure Financing Facility
Alessandra Campanaro, Cuong Duc Dang

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Vietnam is rapidly urbanizing and needs to improve its local infrastructure. Provinces are struggling to afford these investments and need to borrow money. A new financing facility could help provinces get private investors to fund their projects, making it easier to build roads, schools, and other important infrastructure. This would help provinces grow and develop sustainably.