5/19/2011 10:01:34 PM

Vietnamese Prime Minister Nguyen Tan Dung on May 16 approved the results of negotiation on a $330 million loan for the Trung Son hydroelectric power plant construction from the International Bank for Reconstruction and Development under the World Bank (WB).

The remaining investment spending estimated at $81 million will come from the state budget.

The Prime Minister also assigned the Governor of the State Bank of Vietnam (SVB) to sign related legal documents with the WB.

The Trung Son hydroelectric power plant with a design capacity of 260 megawatt will be built on the Ma river in Quan Hoa district of Thanh Hoa province.

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