A multimillion-dollar project largely funded by the World Bank was launched on Friday, in an effort by the administration of the southern Vietnamese city of Can Tho to prevent floods in its urban core areas.
The project costs US$322 million in total, $250 million of which is funded by the World Bank through ODA (official development assistance), according to the administration.
The remaining is covered by the Swiss Agency for Development and Cooperation and the city’s budget.
The objective of the project is to reduce flood risk in Ninh Kieu and Binh Thuy districts, improving connectivity between the city’s center and the new low-risk urban growth areas, and enhancing the capacity of city authorities to manage disaster risk in Can Tho, according to the World Bank.
The project, expected to conclude on June 30, 2022, also focuses on improving the city’s urban transport.
In related news, Ho Chi Minh City is also set to launch a three-year anti-flooding project from this month, according to the municipal administration.
According to the developer, Trung Nam Construction Investment Corporation, the project is intended to deal with flooding caused by tide with the installation of six main tidal gates and 25 small-sized ones.
It will also install pumping station system in several districts and embankments along Saigon River, Trung Nam chairman Nguyen Tam Thinh said.