ADB Approves Credit for Clean Water Programme in Vietnam

The Asian Development Bank's (ADB) Board of Directors has approved US$1 billion financial support for a facility that will help improve clean water access for three million families in Vietnam, including half a million poor households who will receive their own piped water connection for the first time.

 

The assistance is part of a nearly US$2.8 billion investment programme involving ADB, the Government of Vietnam, development partners and water company financiers. The program will help water companies improve and expand clean water supply in some of Vietnam’s largest cities through the installation of new pipelines and the repair and extension of existing networks. In addition to infrastructure improvements, the program will enhance the operational management and commercial viability of water companies.

 

The nationwide water investment programme is a cornerstone of Vietnam’s efforts to attain 90 % piped water coverage by 2020, with universal coverage targeted by 2025.