JavaScript is off. Please enable to view full site.

World Bank provides US$118 million for post-disaster reconstruction in central Vietnam

World Bank provides US$118 million for post-disaster reconstruction in central Vietnam

Tuesday, January 23, 2018, 18:01 GMT+7

The World Bank has agreed to provide Vietnam with US$118 million of official development assistance (ODA) for disaster relief in the country’s central provinces.

A workshop was organized in Quy Nhon, a beach city in the south-central province of Binh Dinh, on Monday to launch the Emergency Natural Disaster Reconstruction Project in several localities in central Vietnam.

The event was attended by representatives of the World Bank and Japan International Cooperation Agency, by competent authorities in Vietnam, and leaders of five Vietnamese provinces that are eligible for the program.

The localities include Binh Dinh, Quang Ngai, Phu Yen, Ninh Thuan and Ha Tinh, which were previously approved by the prime minister to be the beneficiaries of the project.

The five provinces are home to about 5.1 million residents.

During the gathering, an agreement was signed between the World Bank and the Vietnamese government, in which the WB will offer a $118 million ODA for disaster relief in the five provinces.

Accordingly, $52 million will be given to Binh Dinh Province, $18 million to Ha Tinh, while each of the remaining three localities will receive $16 million.

The Emergency Natural Disaster Reconstruction Project is expected to be carried out until 2022.

It aims at building infrastructure and boosting the capacity in order to cope with natural disasters in the future.

Vietnam’s central region is highly vulnerable to typhoons every year.

Among the central provinces, Ha Tinh, Binh Dinh, Quang Ngai, Phu Yen, and Ninh Thuan often suffer the heaviest damage.

Like us on Facebook or follow us on Twitter to get the latest news about Vietnam!

Duy Khang / Tuoi Tre News

More

Read more

;

Photos

VIDEOS

‘Taste of Australia’ gala dinner held in Ho Chi Minh City after 2-year hiatus

Taste of Australia Gala Reception has returned to the Park Hyatt Hotel in Ho Chi Minh City's District 1 after a two-year hiatus due to the COVID-19 pandemic

Vietnamese woman gives unconditional love to hundreds of adopted children

Despite her own immense hardship, she has taken in and cared for hundreds of orphans over the past three decades.

Vietnam’s Mekong Delta celebrates spring with ‘hat boi’ performances

The art form is so popular that it attracts people from all ages in the Mekong Delta

Latest news