The Prime Minister approved the investment policy for a project worth more than 4,500 billion VND in Nghe An.

Overall plan of proposed items of the Project “Priority infrastructure and urban development adapting to climate change in Vinh city, Nghe An”. Photo: Nhat Lan

Project“Priority infrastructure and urban development adapting to climate change in Vinh city, Nghe An”, WB loan approved by the Prime Minister in Decision No. 2212/QD-TTg. The general objectives of the Project "Priority infrastructure and urban development adapting to climate change in Vinh city, Nghe An" include:

- To reduce the risk of flooding in urban areas and enhance the ability of urban management to adapt to climate change in Vinh city.

- Support the development of integrated infrastructure and the development of climate change adaptation capacity of Vinh city, contributing to sustainable urban development and climate change adaptation as a driving force for comprehensive socio-economic development of Vinh city and Nghe An province.

The project has specific objectives:

- Reduce flooding and adapt to climate change for the city through activities to improve and upgrade the drainage system. Improve environmental conditions and enhance the quality of life of people through improving and upgrading the Vinh River and the wastewater collection and treatment system.

Vinh River seen from Ben Thuy bridge. Photo: Thanh Cuong

- Strengthen the connection between the central area and developing areas with weak infrastructure, to create momentum for the city to develop through the construction of a number of connecting routes.

- Increase green space for the city through the construction of public space infrastructure, through the renovation of Vinh River, construction of Hung Hoa 2 Lake and park infrastructure.

- Strengthening urban management capacity to adapt to climate change and integrated and proactive flood control for Vinh city.

The project consists of four components: Integrated investment in drainage, sanitation and connectivity; Expanding storage capacity to reduce urban flooding; Upgrading and improving the Vinh River; Developing systems and capacity to improve urban resilience.

Perspective of the Vinh River upgrading and improvement plan implemented by WB experts. Photo: Nhat Lan

The project "Priority infrastructure and urban development adapting to climate change in Vinh city, Nghe An" has an implementation period of 6 years, from the date the project is allocated capital by the competent authority.

The total investment capital of the Project is 194.5 million USD, equivalent to 4,502 billion VND. Of which, the WB loan capital is 129.6 million USD, equivalent to 3,000 billion VND; the counterpart capital is 1,502 billion VND.

Decision No. 2212/QD-TTg also clearly states that counterpart funds will be arranged by the People's Committee of Nghe An province according to regulations. The People's Committee of Nghe An province is responsible for arranging sufficient counterpart funds, ensuring the effective implementation of the Project, on schedule and in accordance with current regulations./.