Vietnam, World Bank sign $560 million to support Mekong Delta urban development and climate resilience

PRESS RELEASE

Vietnam, World Bank sign $560 million to support Mekong Delta urban development and climate resilience

July 11, 2016


 Can Tho, July 11, 2016 — The World Bank and the State Bank of Vietnam today signed agreements for loans and credits worth $560 million for two projects to support urban development, climate resilience and sustainable livelihoods in the Mekong Delta.

Out of the total, $250 million will be used for the Can Tho Urban Development and Resilience Project, to reduce flood risk and improve connectivity between Can Tho city center and the new urban areas, benefiting more than 420,000 urban dwellers, and enhance the capacity of city authorities to manage disaster risk. Tiếp tục đọc “Vietnam, World Bank sign $560 million to support Mekong Delta urban development and climate resilience”