World Bank commits to continue supporting Vinh Urban Subproject

Attending the working session, on the side of Nghe An province were comrades: Nguyen Dac Vinh - Member of the Party Central Committee, Secretary of the Provincial Party Committee, Head of the Provincial National Assembly Delegation; Nguyen Xuan Duong - Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee; Huynh Thanh Dien - Vice Chairman of the Provincial People's Committee; Dinh Viet Hong - Vice Chairman of the Provincial People's Committee; leaders of Vinh City and Hung Nguyen Districtwith representatives of a number of relevant departments, branches and units.

On behalf of the World Bank delegation, there was Mr. Ousmane Dione - World Bank Country Director in Vietnam and members.

Perspective of the Air Conditioning Lake in Hung Hoa, Vinh city.

The report on the implementation of investment projects funded by the World Bank (WB) in Nghe An province shows that: Up to this point, the total disbursed ODA capital of the Vinh Urban Development Sub-project is 71.13 million USD, reaching 84% of the total existing project capital (84.5 million USD).

Of which, 9 sub-project packages have been completed; 8 current packages are being accelerated in construction progress, preparing for completion.

Along with that, currently, WB is funding the project "Coastal resources for sustainable development of Nghe An province", supporting many fields with the goal of improving the efficiency of coastal management and exploitation, contributing to the sustainable development of coastal resources. The disbursement value of this project (excluding counterpart funds) from the beginning of the project to June 30, 2018 reached 90.2% of the total investment.

In addition, the project on building bridges and managing local road assets in Nghe An funded by the World Bank is currently being implemented on schedule. The project includes the road component (restoring and improving local roads) and the bridge component (building bridges).

Chairman of the Provincial People's Committee Nguyen Xuan Duong affirmed that the results of WB-funded projects in Nghe An are a lever contributing to the local socio-economic development. Photo: Dinh Nguyet

At the meeting, Chairman of the Provincial People's Committee Nguyen Xuan Duong affirmed that the projects and programs funded by the World Bank for Nghe An have been effective, contributing to improving infrastructure, improving the environment, preventing flooding; and are a lever for local socio-economic development.

The Chairman of the Provincial People's Committee hopes that the World Bank will continue to pay attention to supporting Nghe An province in the second phase of the two projects "Improving environmental sanitation and urban infrastructure to adapt to climate change in Vinh City" and the coastal resources project for sustainable development.

The World Bank Director in Vietnam pledged to provide financial support for projects implemented in Nghe An province. Photo: Dinh Nguyet

The WB Country Director in Vietnam highly appreciated the efforts and determination of Nghe An province in implementing projects funded by the WB, especially the Vinh Urban Development Sub-project; At the same time, he hoped that Nghe An province would operate and promote the projects effectively and sustainably; create conditions to attract investment, improve the quality of life and living standards of the people.

The WB Country Director in Vietnam recommended that Nghe An province soon work with the Ministry of Finance, the Ministry of Planning and Investment and the Ministry of Agriculture and Rural Development to agree on methods and procedures for implementing phase 2 projects. The World Bank is committed to being a good partner and is ready to financially support ongoing and upcoming projects in Nghe An province; at the same time, it is ready to provide technical support and consultation on the province's socio-economic development planning to have more suitable development plans in the future.

Provincial Party Secretary Nguyen Dac Vinh affirmed that the capital sources sponsored by the World Bank for Nghe An will be effective. Photo: Dinh Nguyet

Speaking at the meeting, Provincial Party Secretary Nguyen Dac Vinh thanked the World Bank Country Director in Vietnam for his recognition of the province's efforts and the effectiveness that WB-funded projects are bringing to Nghe An province.

At the same time, it was stated that the World Bank's selection of two projects that are being implemented and will be implemented in the near future is consistent with the province's development orientation. The Provincial Party Secretary affirmed that the capital sources sponsored by the WB for Nghe An in the future will be used for the right purposes, promoting efficiency in the province's socio-economic development.

Visiting and surveying the field of renovation and upgrading of the ditch around Vinh Citadel. Photo: Dinh Nguyet

Previously, the working delegation led by Mr. Huynh Thanh Dien - Vice Chairman of the Provincial People's Committee and representatives of the World Bank visited the construction sites of 3 packages under construction and about to be completed under the Vinh Urban Development Sub-project - Medium-sized urban development project, including: Hung Tay - Vinh road construction package, Reservoir construction package and the project to upgrade and renovate the ditch around Vinh Citadel./.