|Priority will be given to improving and expanding the water distribution system.— Photo: vietnamplus.vn
HA NOI (VNS) — An estimated VND72,000 billion (US$3.3 billion) will be needed for supplying water to urban areas in the 2016-2020 period, the Co-operation in Viet Nam-Finland Water Sector forum, held yesterday, said.
The forum was organised by the Vietnamese construction ministry.
The Vietnamese urban water supply sector would give priority to improving and expanding the water distribution system, the technical infrastructure department under the construction ministry said.
Investment will focus on facilities such as raw water collection pipelines, water transmission pipelines, and transport and distribution pipelines.
The Vietnamese water sector has to handle delays in the development of these facilities and ensure that the efficiency of the systems was maximised, the department said.
The construction ministry will offer support in implementing public private partnership (PPP) projects in the water supply and drainage and urban solid waste treatment sectors in the near future.
It was necessary that a complete mechanism for PPP projects in this sector and appropriate reciprocal capital were available, the department said.
Given that ODA and the state budget are shrinking, it is essential to mobilise capital from domestic and foreign individuals and businesses for water supply investment and development.
The Finnish side said they would continue to offer preferential projects in water supply and drainage to Viet Nam.
Besides water supply projects in small towns in the northern provinces of Dien Bien, Hung Yen and Bac Kan, Finland will continue to implement other projects in the near future.
Finland has revised its regulations on preferential credit, but Viet Nam continues to be its priority partner. — VNS