The Prime Minister has recently approved the project “Development of Can Tho City 2020 and strengthening adaptation capacity of urban areas” funded by the World Bank (WB).
Illustration image (Source: internet)
The project will be implemented from 2016 to with its total investment cost of more than 322 million USD, of which the non-refundable fund from State Secretariat for Economic Affairs (SECO) is 10 million USD; the WB’s loan is 250.36 million USD, the remain is the counterpart fund of the Government of Viet Nam.
The project aims to develop a sustainable urban area; strengthen its climate change adaptation capacity; support Can Tho to become the center of the whole Mekong Region; mitigate vulnerability caused by floods and inundation; improve the city’s traffic system and connect it with that of the region itself and of other regions.
It also aims to control inundation of the core of the city; improve quality and effectiveness of infrastructure services; protect and improve environmental sanitation at Ninh Kieu District; improve basic infrastructure and provide public services, strengthen capacity of drainage and wastewater collection system at Ninh Kieu; and strengthen management of urban area for climate change adaptation.
