ADB approves $170m loan to upgrade Vietnam’s urban infrastructure

WCN Editorial Team 6 Nov 2017 ASIA TRANSPORT INFRASTRUCTURE

The Asian Development Bank (ADB) has granted $170m in loans to the government of Vietnam to support the development of urban infrastructure in Hue, Vinh Yen, and Ha Giang.

The loan will be used for the Secondary Green Cities Development Project. Scope of the project in Vinh Yen includes construction of a new wastewater treatment system, modernisation of 66.1km of drainage control, dredging of the Dam Vac lake, and development of 44.5 hectares of new public green space.

In Hue, scope of work includes improvement of 21.9km of drainage pipelines, rehabilitation of 15.9km of road surface and drainage, and development of 17.2 hectates of green spaces. In Ha Giang, scope of work include upgrades to around 7km of urban drainage, protection of 5.6km of river embankments, improvement of the road urban network through a 6.2km road and a 150m bridge.

ADB principal urban development specialist Satoshi Ishii said: “We look forward to working with Provincial People’s Committees of Thua Thien Hue, Vinh Phuc, and Ha Giang—administrative authorities of the capital cities of Hue, Vinh Yen, and Ha Giang—to make sure that their provincial capitals are green and climate-resilient, while enhancing their economic competitiveness.”

With 11 websites and newsletters covering all the key areas within the construction industry, World Construction Industry Network is the leading global construction information resource. READ ABOUT US
PRIVACY POLICY

STAY IN TOUCH!

LATEST TWEETS

World Construction Network | www.worldconstructionnetwork.com is a product of GlobalData. Copyright © 2020 GlobalData. All rights reserved.