US$240 million funded to upgrade Mekong River delta’s urban areas

Friday, 2018-08-10 12:01:11
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NDO – A seminar was held in Vinh Long province on August 9 to launch the World Bank-funded project for the upgrading of Mekong River Delta urban areas.

The seminar aimed to support the participating localities of the project to complete the necessary procedures for the implementation of the project, while facilitating the World Bank’s coordination with the localities in revising and detailing the plans and progress for the project’s deployment.

The project, worth US$240 million in official development assistance (ODA) and preferential loans, is of significance in facilitating Mekong Delta urban development and climate resilience.

Seven cities in the Mekong River Delta region, including Bac Lieu (Bac Lieu province), Ben Tre (Ben Tre province), Long Xuyen (An Giang province), Tan An (Long An province), Vi Thanh (Hau Giang province), Vinh Long (Vinh Long province), and Soc Trang (Soc Trang province) are participating in the project.

The money will be used to upgrade road systems, drainage systems and the electricity network in the seven cities, while improving people’s access to clean water and constructing resettlement areas for relocated households.

Once it is completed, the project is expected to benefit over 515,000 people directly and more than 1.04 million others indirectly.