Common Contracts

Project Agreement

Project Agreement • December 15th, 2004

• Contract Type
  Project Agreement
• Filed
  December 15th, 2004

WHEREAS (A) by the Development Credit Agreement of even date herewith between Socialist Republic of Viet Nam (the Borrower) and the Association, the Association has agreed to make available to the Borrower an amount in various currencies equivalent to one hundred and ten million, six hundred thousand Special Drawing Rights (SDR 110,600,000), on the terms and conditions set forth in the Development Credit Agreement, but only on condition that PC2 and PC3 agree to undertake such obligations toward the Association as are set forth in this Agreement;