Nhieu Loc - Thi Nghe Canal in Ho Chi Minh City. Photo: Diep Duc Minh
Ho Chi Minh City may need to borrow nearly US$890 million from the Asian Development Bank for four new waste water treatment plants.
News website Saigon Times reported on Friday that the loan, proposed by the city's Department of Planning and Investment, will cover around 90.3 percent of the costs for the plants, which can handle a combined total of 300,500 cubic meters of waste water per day.
The plants are expected to be completed in the next five years.
Currently, the city's only two treatment plants can only handle a total of 171,000 cubic meters per day, while up to two million cubic meters of waste water is discharged around the city every day.
Under a government plan, HCMC will have 12 waste water treatment plants by 2025 with the designed capacity of around three million cubic meters per day.