Viet Nam News
ĐÀ NẴNG — The Asian Development Bank (ADB) and Đà Nẵng City signed an agreement on Tuesday to develop a new land fill and waste treatment facility.
Đà Nẵng, a rapidly growing industrial and tourism hub in central Việt Nam with a population of over one million, collects about 700-750 tonnes of solid waste per day.
Waste is disposed of in the city’s landfill, but it will be fully utilised by 2020. Development of a new site and waste treatment facility is thus an urgent task.
“ADB has been a key development partner to Đà Nẵng City,” said Norio Saito, ADB Deputy Country Director in Việt Nam.
"This agreement will complement the work we are doing in the urban sector in Việt Nam, and create a template for delivering waste treatment solutions via Public-Private Partnerships [PPP] for other cities across the country,” he said.
The project will use a PPP scheme in which the private sector will design, build, finance, operate, and maintain the waste disposal and treatment facilities.
ADB’s assistance to Việt Nam to identify and develop PPPs, including in the waste sector, is a key priority in the bank’s 2016-20 Country Partnership Strategy for Việt Nam that supports the country’s environmentally sustainable growth.
The project will be ADB’s second PPP transaction advisory engagement in Việt Nam and its first in the solid waste sector.
As an advisor for the project, ADB will work with the city to explore the most appropriate technology, attract private sector investors, create document and contact templates that may be used for future PPPs in the sector, and build local expertise in PPP management and execution. — VNS