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World Bank supporting urban Vietnam development

Fri, 30 May 2014. Last updated Thu, 25 Jun 2015 08:43

On May 30th, World Bank in collaboration with People’s Committee of Can Tho City has organized a conference to review the period of monitoring Urban Vietnam development project in which World Bank is the most major supporter.

The project of Urban Vietnam development is implemented in 4 provinces and cities including Hai Phong City, Nam Dinh Province, Ho Chi Minh City and Can Tho City. The project has a total budget up to $ 382 million for entire 4 provinces. Specifically, the budget for Hai Phong is $ 39.9 million, for Nam Dinh is $ 38.5 million, for Ho Chi Minh City is $ 266.7 million and for Can Tho City is 37.2 million.

According to representatives of World Bank, in early 2004, World Bank and Vietnam agreed to implement the project of upgrading Urban Vietnam areas with bank loans from World Bank $ 222.5 million. By December 2009, World Bank continued to invest in the project with more $ 160 million. In accordance with the agreement between Vietnam and World Bank, the project was performed in the period of 2004 to 2012 with 409 packages in 6 categories including infrastructures upgrading level 1, level 2, level 3, resettlement, capacity improvement of real estate management, revolving fund to improve accommodation conditions, and capacity improvement of general management.

 

Part of Da Nang City

 

According to the evaluation of World Bank, all categories of the project have been completed. In particular, the category of infrastructures upgrading level 1, level 2 and level 3 has helped 11 million people in 4 provinces and cities to improve the living conditions through projects of clean water, sanitation, drainage, and electricity grids. Other projects also assist provinces in constructing houses for resettlement and improving infrastructures in residential areas for low-income people.

 

A corner of Can Tho City

 

In the scope of the mass project, World Bank through World Bank Vietnam in collaboration with the Association of Cities of Viet Nam (ACVN) and the Construction Staff Training College of MOC organize successfully 2 short courses on urgent issues in the urban management and development. During two courses, professionals, high ranking officials from central ministerial agencies and municipal governments on the issues raised in the training courses have altogether participated in direct dialog sessions to summarize the courses.

The general goal of the project is to alleviate poverty in Ho Chi Minh City, Can Tho City, Nam Dinh Province and Hai Phong City through improving living conditions and environment for low-income people, providing accommodations for resettlement and establishing funds for housing loans.

 

A Street in Ho Chi Minh City

 

A recent survey has showed that completed categories have achieved high satisfaction of people in 4 provinces and cities. Local people assessed that the quality of the project was good, therefore, their living standard were improved significantly. Particularly, the project has provided provinces with expanded infrastructure systems and improved-quality environment.