The World Bank has announced that its Board of Executive Directors has approved $150 million in support for the Vinh Phuc Flood Risk and Water Management Project in Vietnam, which will help protect over 250,000 people from floods.
The project will directly benefit inhabitants in flood-prone areas along the Phan River Basin by strengthening flood risk management capacity and improving wastewater management in Vinh Phuc Province.
It will provide flood control infrastructure, wastewater collection and treatment facilities, and strengthen capacity in the province for flood forecasting and prevention, as well as for better use of water resources.
The project will protect more than 255,000 residents — 60 percent in rural areas and 40 percent in urban areas and small towns, and about 5,720 hectares out of 8,390 frequently flooded hectares from the floods of ten year return period.
The project will also improve sanitation conditions for about 120,000 residents living in 4 small towns and 33 rural villages, and support the province with the establishment of a flood early warning and emergency response system and a river basin management mechanism.
The $150 million in funding is from the World Bank Group’s International Bank for Reconstruction and Development, the lending arm for middle-income countries.
The funding is part of a $500 million package for projects including the $385-million “Local Bridge Construction and Road Asset Management” project, which will enhance road access and lower road users’ transport costs in participating provinces that include more than 2.5 million people and 800 isolated communities.
Photo credit: Evangelos Petratos EU/ECHO
