World Bank to support Vietnam in building 5 water-supply plants
Xinhua, November 11, 2016 Adjust font size:
The World Bank (WB) will help Vietnam build five water-supply plants, according to Vietnam's Ministry of Construction (MoC) on Friday.
Nguyen Hong Tien, head of the MoC's Department of Technical Infrastructure was quoted by Vietnam's state-run news agency VNA as saying that the ministry is coordinating with agencies and the WB to study building water-supply plants for the Mekong Delta region.
Statistics showed about 250,000 households in Vietnam's Mekong Delta face shortages of water for daily use.
Five plants are expected to be built with a total capital of 1.3-1.7 billion U.S. dollars in three stages, said Tien, adding that capital for the first phase from 2017-2023 is estimated at 440 million U.S. dollars.
Le Duy Hung, WB's senior urban specialist, said the Vietnamese government's corresponding capital in the first phase will be 40 million U.S. dollars, while the WB will lend Vietnam the rest.
Earlier, the WB dispatched a loan worth 7 million U.S. dollars to prepare a feasibility study of the first phase.
Parts of the Mekong Delta have experienced the most serious drought and saltwater encroachment in the past nearly 100 years in 2016, said Vietnam's Ministry of Agriculture and Rural Development. Endit