Workers sort waste before treatment at Nam Bình Dương Waste Treatment Complex. About VNĐ4 billion (US$172,400) will be spent over the next five years to improve water supply and treatment for waste water in the southern province of Bình Dương. —
BÌNH DƯƠNG — About VNĐ4 billion (US$172,400) will be spent over the next five years to improve water supply and treatment for waste water in the southern province of Bình Dương.
Under a cooperative credit pact signed on Tuesday between Binh Duong Water-Environment Joint Stock Company (Biwase) and Việt Nam Joint Stock Commercial Bank for Industry and Trade (Vietinbank), Biwase was facilitated in terms of credit to continue carrying out projects such as upgrading Nam Tân Yên Clean Water Supply System and expanding the Nam Bình Dương Waste Treatment Complex.
These projects are worth VNĐ4 trillion in total, of which VNĐ3 trillion is in loans.
Currently, the bank is providing Biwase with credit packages worth over VNĐ600 billion.
Over the past 20 years, the two sides have collaborated in many areas including credit services, automatic water bill payments and international payments.
Biwase’s water supply capacity exceeds 450,000 cubic metres per day, serving demand across Bình Dương Province and a number of localities in neighbouring Bình Phước Province.
Bình Dương Waste Treatment Complex handles more than 2,500 tonnes a day.
Speaking at the signing ceremony, Đặng Minh Hưng, vice chairman of the provincial People’s Committee, said the cooperation between Vietinbank and Biwase contributed to sustainable development of the province and improve the lives of local residents.
He hoped that in the future, the two sides would continue their collaboration to bring benefits to residents and help building Bình Dương into a smart city. — VNS