The project has a total investment of US$201.5 million, of which US$171.5 million comes from the World Bank loans and the remainder from the Vietnamese Government.
The project was designed to upgrade major waterway corridors and river ports in the northern region in a bid to reduce transport costs and improve the quality of transport services.Waterways corridors linking Viet Tri city and Quang Ninh province through the Duong River and Hanoi and the East Sea through Lach Giang estuary will be upgraded, while new ports will be built in Phu Tho and Ninh Binh province.
