|Upon completion in 2023, a project funded by Japanese ODA will increase wastewater treatment coverage in Biên Hòa City, improving public hygiene. — VNA/VNS Photo|Viet Nam News
ĐỒNG NAI — The Vietnamese Government and the Japan International Co-operation Agency on Thursday signed an Official Development Assistance (ODA) loan deal worth 24.7 billion yen (US$224.5 million) for a draining and waste water treatment system in Biên Hòa City, in the southern province of Đồng Nai.
Upon completion in 2023, the project will increase wastewater treatment coverage in the city, improving public hygiene.
Đồng Nai Province has undergone remarkable industrialisation. However, its sewage system has not developed and untreated wastewater generated in Biên Hòa City is discharged directly into the Đồng Nai River, affecting localities along the river like Bình Dương, Đồng Nai, Bà Rịa-Vũng Tàu and HCM City.
The payback period of the loan is 40 years, including a 10-year grace period, with annual interest of 0.1 per cent. — VNS