WB-funded urban renewal project in southern Vietnam open for bids

TN News

Email Print

The bidding process for a World Bank (WB) financed urban upgrade project kicked off Monday in the Mekong Delta city of Can Tho.

 

The US$90.4 million Mekong Delta Region Urban Upgrading Project for the 2012-2017 period will target six cities: Can Tho, Rach Gia, Tra Vinh, Cao Lanh, Ca Mau and My Tho.

 

Around $70 million of the project will come from the WB's Official Development Assistance funds. The rest will come from the budgets of local governments.

 

Overall, the project aims to improve the living conditions of the urban poor in the selected cities; improve urban management capacities and planning in the cities; and improve knowledge of urban management at the national level.

 

In Can Tho, the project will benefit 525,000 people in four districts: Ninh Kieu, Binh Thuy, Cai Rang and O Mon.

 

Funding will go toward improving roads and drainage systems to better combat flooding, installing street lights and waste collection systems in 31 low-income residential areas.

 

Money will also be spent on the purchase of drainage and environmental hygiene facilities and the construction of resettlement areas for residents who will have to be relocated to make way for public projects.

More Society News