The Asian Development Bank (ADB) will provide US$72 million as loan for the central city of Thanh Hoa to accelerate the city’s project on socio-economic development.

An agreement to this effect was signed by Chairman of Thanh Hoa city People’s Committee Mai Van Ninh and an ADB representative on September 1.

The Republic of Korea will also lend US$33 million to the city’s US$115.1 million project. (VNA)