HANOI, May 5 (Xinhua) -- Vietnamese Prime Minister Nguyen Xuan Phuc has recently approved the "Support to Border Areas Development Project" with a loan worth some 122 million U.S. dollars from the Asian Development Bank (ADB).

The project aims at helping the country's four Central Highlands provinces of Kon Tum, Gia Lai, Dak Lak, Dak Nong, and southeastern Binh Phuoc province to better realize their growth potential and become more closely integrated into sub-regional frameworks including the Greater Mekong Sub-region, the Cambodia-Laos-Vietnam Development Triangle Area (CLV-DTA) and the ASEAN Economic Community.

As the provinces are at the joint borders of the CLV--DTA, the project will enable them to serve as an engine and gateway to wider markets for this sub-regional initiative, according to Ministry of Planning and Investment on Thursday.

Moreover, the project will improve connectivity among those provinces by developing key transport infrastructure, leading to increased movement of people, agricultural products, and other goods, facilitating logistics and trade.

The project, with investment of 122.106 million U.S. dollars, will be implemented in six years since loan agreement signed.