WB FINANCES TRANSPORT, FLOOD CONTROL PROJECTS

The financing supports two projects: The local bridge construction and road asset management project and the Vinh Phuc flood risk and water management project.

The first US$385 million project will strengthen road access and lower road users’ transport costs in 14 participating provinces that benefit more than 2.5 million people and 800 isolated communities.

It aims to rehabilitate 676 kilometers and maintain 48,578 kilometers of local roads in 14 localities. It also helps build or rebuild 2,174 small bridges to isolated and impoverished communities in 50 provinces across Viet Nam.

Meanwhile, the second US$150 million project aims to directly benefit inhabitants in flood-prone areas along the  Phan River Basin by strengthening flood risk management capacity and improving wastewater management.

The project provides flood control infrastructure, wastewater collection and treatment facilities, and strengthen capacity in the province for flood forecasting and prevention, and for better use of water resources.

It targets to protect over 255,000 residents, 60% in rural areas and 40% in urban areas and small towns, and about 5,720 hectares out of 8,390 frequently flooded hectares from the floods of ten year return period.

The project also improves sanitation conditions for about 120,000 residents living in four small towns and 33 rural villages, and help the locality build a flood early warning and emergency response system and a river basin management mechanism.

Source: VGP