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World Bank funds urban upgrading

Aug 2nd at 12:37
02-08-2012 12:37:57+07:00

World Bank funds urban upgrading

The World Bank will provide US$293 million in official development assistance for a $399 million project to upgrade six urban areas in the Cuu Long (Mekong) Delta region.

The project, expected to be completed by December 2017, targets the six cities of Can Tho, My Tho, Cao Lanh, Ca Mau, Tra Vinh and Rach Gia.

It will upgrade infrastructure and build resettlement areas for those affected by the work.

A total of 25,900 households will be connected to the water supply system. Another 18,900 will be linked to the sewerage system and 139,500 people connected to upgraded roads.

The project is part of a national urban upgrading programme ratified by the Prime Minister Nguyen Tan Dung, which aims to upgrade 100 urban areas nationwide between 2009 and 2020.

Since 2007, about 2.2 million people in HCM City and Can Tho City in the south, and Hai Phong City and Nam Dinh Province in the north, have benefited from urban upgrades

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