World Bank Supports Sustainable Development for Da Nang

The World Bank Board of Directors approved a US$202.5 million credit to support the sustainable development of Da Nang City. Provided under the Da Nang Sustainable City Development Project, the credit will help expand access of the local people to improved drainage, wastewater collection and treatment services, the arterial road network, and public transport in selected areas of Da Nang City.

 

The credit comes from the International Development Association, the World Bank’s fund for the poorest. It will be provided for five components, including improvement of drainage and wastewater systems, development of a bus rapid transit system, improvement of urban strategic roads, capacity building for city authorities on urban infrastructure management, and completion of some major infrastructure sub-projects initiated under the Da Nang Priority Infrastructure Investment Project.

 

Da Nang is the fourth largest city in Vietnam, and is widely regarded as a well-planned and well-governed city, with a generally higher quality of infrastructure compared to other cities. The local authorities have been committed to developing the city into a “green” city by 2025, with an emphasis on high tech and tourism development.