South Korea backs Hue smart city plans with $13 mln
By Nguyen Quy January 24, 2021 | 10:21 am GMT+7
An aerial view of Hue Imperial Citadel, a major tourist attraction in Hue in central Vietnam. Photo by Shutterstock/anhuy.
South Korea has agreed to fund with $13 million efforts made by Hue to turn itself into a smart cultural and tourism city.
The funding will be routed through the South Korea International Cooperation Agency (Koica).
It will be used to implement a five-year (2021-2025), $14.8 million project. With Koica, a government agency that specializes in implementing non-refundable aid programs for developing countries, providing $13 million, the rest will comprise counterpart funding from the central province of Thua Thien-Hue, of which Hue is the capital.