US$212 Million for Improving Urban Water Supply
The Asian Development Bank (ADB) will provide US$212 million to continue a project to improve water services delivery to more than 3 million people, including 94,000 households that will receive piped water for the first time in six cities and provinces of Vietnam.
This tranche of financing will provide water supply infrastructure in Binh Duong, Dak Lak, Thua Thien - Hue and Quang Tri provinces and Da Nang and Hai Phong cities. Water supply companies will undertake sub-projects, which include the construction of water production plants, pumping stations, transmission and distribution pipelines. Under the second tranche, nine water companies will borrow to prepare an investment project for financing under a subsequent tranche.
Do Ngoc