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Economic News

Last updated: Wednesday, December 13, 2017

 

ADB Supports Vietnam to Develop Green, Resilient Urban Infrastructure

Posted: Saturday, November 18, 2017

The Asian Development Bank (ADB) has approved US$170 million in loans to help Vietnam upgrade urban infrastructure and address climate change, benefiting about 116,000 households in Hue, Vinh Yen, and Ha Giang.

The Secondary Green Cities Development Project will help make these urban centres become more liveable, environmentally friendly, and climate-resilient. For Vinh Yen, the project will construct a new wastewater treatment system, upgrade 66.1km of drainage control, dredge the Dam Vac lake, and develop 44.5 ha of new public green space. In Hue, the project will upgrade 21.9 km of drainage pipelines, rehabilitate 15.9 km of road surface and drainage, and develop 17.2 ha of green spaces, among others. In Ha Giang, the project will upgrade about 7 km of urban drainage, protect 5.6 km of river embankments, and enhance the road urban network through a 6.2 km road and a 150-metre bridge to divert increasing traffic.

Apart from the loans, ADB will also administer a total of US$14.1 million in technical assistance—with the Ministry of Natural Resources and Environment—and US$6 million in grant investment from the Global Environment Facility and the Urban Climate Change Resilience Trust Fund.

L.A








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