WB approves US$450 Million for better sanitation services
13:55, 2014/12/25
The World Bank (WB)’s Board of Executive Directors on December 24 approved US$450 million in loans and credits to Second Ho Chi Minh City Environmental Sanitation Project.
The project will improve the environment by treating wastewater, strengthen institutional capacity to manage sanitation and wastewater services, and increase public awareness on the benefits of improved sanitation practices.
Ho Chi Minh City (HCMC) is emerging as a major city in Southeast Asia and is a hub of economic activities in Vietnam, contributing to about 20% of the country’s total GDP. To maintain its competitive position and provide quality services to its citizens, HCMC plans to develop its water-related infrastructure to increase the supply of drinking water for the growing population, protect the city from floods, and improve the environment and reduce health risks by collecting and treating wastewater.
“The Bank has a long standing and strategic partnership with HCMC. Through this new project, the city will be able to address its sanitation challenges in a more cost effective manner and create a city that is clean and competitive,” said Victoria Kwakwa, World Bank Country Director for Vietnam. “Improved urban sanitation services benefit all citizens, especially the poor. This project will ensure that the poor in the project areas are well served by having household connections to the sewer network,” she added.
The project will benefit about 1.1 million people in the city and includes a waste water treatment plant that will treat wastewater collected in the Nhieu Loc-Thi Nghe (NLTN) basin and from parts of District 2 of the city. The plant will treat untreated wastewater that is currently being discharged to the Saigon river. Through the project, sewer networks and house connections to the network will be installed in parts of District 2. The project will also provide technical assistance to improve sanitation and wastewater management practices in the city.
The total project cost is US$495 million, of which US$250 million will be financed through a loan from the International Bank for Reconstruction and Development (IBRD) and a US$200 million credit through the International Development Association (IDA). HCMC will provide US$45 million from its own resources for the project.
“The Bank has a long standing and strategic partnership with HCMC. Through this new project, the city will be able to address its sanitation challenges in a more cost effective manner and create a city that is clean and competitive,” said Victoria Kwakwa, World Bank Country Director for Vietnam. “Improved urban sanitation services benefit all citizens, especially the poor. This project will ensure that the poor in the project areas are well served by having household connections to the sewer network,” she added.
The project will benefit about 1.1 million people in the city and includes a waste water treatment plant that will treat wastewater collected in the Nhieu Loc-Thi Nghe (NLTN) basin and from parts of District 2 of the city. The plant will treat untreated wastewater that is currently being discharged to the Saigon river. Through the project, sewer networks and house connections to the network will be installed in parts of District 2. The project will also provide technical assistance to improve sanitation and wastewater management practices in the city.
The total project cost is US$495 million, of which US$250 million will be financed through a loan from the International Bank for Reconstruction and Development (IBRD) and a US$200 million credit through the International Development Association (IDA). HCMC will provide US$45 million from its own resources for the project.
21:16, 2025/02/06
Reviving To Lich River: Replenishing water from Red River and West lakes
Taking the water from the Red River and the West Lake to clean To Lich River is just one piece of the puzzle. Drastic actions are needed to keep the environment clean and green.
18:38, 2025/01/30
Urenco strives for a cleaner environment in Hanoi
Innovation in garbage collection vehicles is an important step in ensuring environmental sanitation, contributing to building a civilized, clean and beautiful urban area in a sustainable direction.
09:55, 2025/01/26
Hanoi promotes urban decorations for Tet
The "Bright - Green - Clean - Beautiful" movement demonstrates Hanoi's unwavering commitment to sustainable development and environmental protection.
22:21, 2025/01/15
Hanoi to increase supply of essential goods by 30%-35% for Tet
Authorities in Hanoi planned to prevent price hikes during the national holiday by stocking up on goods and ensuring food supplies.