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City needs $673m for flood control, irrigation

Update: August, 15/2011 - 09:47
HCM CITY — The HCM City People's Committee has asked the Government to allocate more funds to 16 flood-control and irrigation projects due for completion in 2015.

It also sought approval to mobilise funds for these projects, which are estimated to cost about VND14 trillion (US$673 million).

Of that, VND13 trillion has been allocated for a dyke system to prevent flooding and regulate the tide in the Sai Gon River. The remaining VND1 trillion is required to dredge the river and canals around the city.

A lack of funds has hindered these works, the Steering Centre for Urban Flood Control Programme, said. — VNS

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