Description

The Word Bank (WB) is funding a new project on Urban Development and Enhanced Climate Resilience in the Mekong Delta.

It will be implemented in the urban core of Vinh Long City to improve access to infrastructure and connectivity and to reduce flood risk. Vinh Long, strategically located along the economic corridor connecting Ho Chi Minh City to the Mekong Delta, has great potential to become a regional hub for agribusiness, trade, and tourism.

However, flooding and poor environmental sanitation are major impediments holding back the city’s development, she said, adding that located at a low elevation on the Tien River plain, about 60 percent of the city is prone to flooding.

The Vinh Long project will help remove physical constraints to development in the urban core area through the development of flood control systems, drainage, wastewater collection and treatment, and investment in key urban roads. Strengthening urban infrastructure is regarded as important to safeguard its gains and withstand multiple shocks from climate change.

The project has a total investment of 202.2 million USD, including 126.9 million USD of credit provided by WB and 19.5 million USD as non-refundable grant from the Dutch Government.

https://en.vietnamplus.vn/wbfunded-urban-development-climate-resilience-project-to-be-conducted-in-vinh-long/229819.vnp

https://nhandan.vn/moi-truong/ngan-hang-the-gioi-ho-tro-thanh-pho-vinh-long-thich-ung-voi-bien-doi-khi-hau-681285/