Classroom construction funded by Vietnam
K-12

Classroom construction funded by Vietnam

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It was announced recently, that a project for building classrooms and teacher's houses through 2012 will receive around US $241 million in form or government bonds, by the minister of Education and Training at a conference. Nguyen Thien Nhan, deputy Prime Minister, has asked the ministry to make a list of localities that have already used up the funds by June. The ministry and the Ministry of Finance will recommend which localities are to receive additional grants from the 2011 budget.

Local leaders were asked to utilise their available land, as the money would only be enough for construction, not land compensation. Priority should be given to poor districts, Nhan said, repeating instructions from Prime Minister Nguyen Tan Dung. The programme on school construction began in 2008. It received more than VND12 trillion ($642 million) in government funding over the past two years, including VND8,275 billion in government bonds. The rest of the money came from local funds and private sponsors. 

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