WB pledges $119m for urban water project

May 28, 2016 - 09:29

The World Bank (WB) announced it recently approved additional funding of USD$119 million for the ongoing Urban Water Supply and Wastewater Project in Việt Nam.

HÀ NỘI – The World Bank (WB) announced it recently approved additional funding of USD$119 million for the ongoing Urban Water Supply and Wastewater Project in Việt Nam.

Approved by the WB Board of Executive Directors in May 2011, the project includes 14 subprojects across 10 provinces with an average population size of 100,000 in the urban centres.
Most of the additional funding has been earmarked for a wastewater and drainage subproject in the southern province of Bình Dương. The remaining funds will be used to cover cost overruns due to the appreciation of the US dollar and offer the Ministry of Construction technical support to prepare a new water supply project in the Mekong Delta.
As a result, 65,872 households with 450,382 people will have access to clean water, and 312,050 urban residents will enjoy improved sanitation.
“With this, achievements under the original project will be further consolidated and sustained, and more people in Bình Dương, in southern Việt Nam, will enjoy better wastewater and drainage services,” said Achim Fock, the World Bank’s Acting Country Director for Việt Nam. -- VNS

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