Support nearly 827 billion VND to upgrade urban infrastructure in Hoang Mai

Attending the working session on behalf of central ministries and branches were representatives of the Department of International Relations (Government Office) and the Ministry of Finance; representatives of the Board of Directors of AFD Vietnam and representatives of leaders and sub-projects of Thanh Hoa, Ha Tinh and Ninh Binh provinces.

Chairing the working session on behalf of Nghe An province was comrade Le Ngoc Hoa - Vice Chairman of the Provincial People's Committee. Also attending were representatives of relevant departments, branches and the People's Committee of Hoang Mai town, the beneficiary unit.

Overview of the working session between central ministries, branches, AFD capital sponsor and leaders of 4 provinces of Nghe An, Ha Tinh, Ninh Binh and Thanh Hoa. Photo: Nguyen Hai

At the conference, on behalf of the sponsor, Mr. Fabrice RICY - Project Director of AFD Vietnam introduced some basic features of the organization's support packages for improving infrastructure to adapt to climate change.climate changein the North Central provinces, including terms of reference, loan conditions, loan interest incentives, and project disbursement methods. Specifically, the loan has a total amount of 123 million Euros over 20 years, including 7 years of grace.

A representative of the capital sponsor AFD spoke about the loan conditions and disbursement process to get opinions from the provinces and sub-projects that benefit. Photo: Nguyen Hai

Based on the information and conditions provided by the project sponsor, the representative of the AFD Project Board hopes that the provinces and 5 urban infrastructure sub-projects in Nghe An, Ha Tinh, Ninh Binh and Thanh Hoa will present their feedback; state some initial results of the localities in preparing documents, designs, counterpart funds... to receive capital to implement the project.

Comrade Le Ngoc Hoa - Vice Chairman of the Provincial People's Committee representing the leaders of Nghe An province and Hoang Mai Sub-project presented some information about the project. Photo: Nguyen Hai

On behalf of the leaders of Nghe An province,Comrade Le Ngoc Hoa - Vice Chairman of Nghe An Provincial People's CommitteeSome basic information about the Hoang Mai Sub-project. Accordingly, the project has a total investment of 31.47 million Euros, equivalent to 826.94 billion VND, of which loan capital is 24.104 million Euros, non-refundable aid capital is 1 million Euros; counterpart capital of the province and town is 6.37 million Euros, equivalent to 167.4 billion VND.

With the experience of implementing a number of large urban infrastructure projects in Vinh city recently, Nghe An is confident in receiving and implementing this project well. The province also commits to the mechanism of mobilizing counterpart funds and site clearance to ensure the project is implemented on schedule...

Preliminary design of items of the Urban upgrading sub-project to adapt to climate change in Hoang Mai town. Photo: Nguyen Hai.

This project will focus on building infrastructure to respond to climate change and environmental sanitation in Hoang Mai town. Specifically, investing in a wastewater collection and treatment system, building flood avoidance roads, rescue, dredging and anti-erosion embankments, combining rescue roads on the left bank of Hoang Mai river; providing technical support and enhancing urban management capacity, responding to climate change in the town.Hoang Mai

Representatives of the Department of International Relations, Government Office shared some experiences in approaching and cooperating to effectively exploit public investment loans. Photo: Nguyen Hai

Nghe An Provincial People's Committee presented gifts and took souvenir photos with representatives of the provinces and the AFD Project Board of Directors. Photo: Nguyen Hai

For its part, Nghe An province pledged to fully allocate counterpart funds to implement the project on schedule to bring benefits to the people; requested the AFD Project Board to establish a coordination mechanism with the provinces to promptly resolve difficulties in the project implementation process. Although this is only the first step, it is an important preparation step for the project to be implemented smoothly and successfully in the coming time./.