VDB signed a credit contract for the Dau Giay

According to VDB, the Dau Giay - Tan Phu Expressway project is a section of the North - South Expressway planning in the East, with a total investment of VND8,400 billion. Of which, the maximum loan amount from VDB Dak Lak Branch is up to VND4,975 billion. This is a key source of capital to ensure the progress and quality of project implementation, and at the same time demonstrates VDB's role in supporting the country's strategic infrastructure projects.

When completed, the route will help reduce the load on National Highway 20, shorten the connection time between Ho Chi Minh City - Dong Nai - Lam Dong - Central Highlands, thereby promoting socio -economic development, trade and tourism in the whole region.

According to the signed content, VDB is expected to finance a total loan of up to VND100,000 billion in the period of 2025 - 2030, to accompany the two enterprises in implementing many key transport infrastructure projects nationwide.

VDB's representative emphasized: "Vietnam Development Bank will always accompany businesses in implementing key infrastructure projects, especially in the transport sector. This large-scale credit capital is a testament to VDB's determination to contribute to the construction of modern infrastructure, creating momentum for sustainable economic development."

Representatives of Son Hai Group and Truong Hai Group said that this cooperation will help businesses improve financial capacity, ensure construction progress, and improve project quality.

This cooperation creates an important financial foundation, helping to ensure the progress and quality of the Dau Giay - Tan Phu Expressway project. The completed expressway will improve traffic connectivity, promote trade, tourism and regional economic development.

(Source: Vietnam Development Bank - VDB)

Source: https://vietnamnet.vn/vdb-ky-ket-hop-dong-tin-dung-cho-du-an-cao-toc-dau-giay-tan-phu-2448117.html