Projects funded from International Development Association (IDA) funds.
The World Bank has approved more than $500 million in support for improvements to road and bridge links as well as flood control and sanitation conditions in Vietnam.
A $385 million results-based operation called Local Bridge Construction and Road Asset Management will enhance road access and lower drivers’ transport costs in participating provinces, which include more than 2.5 million people and 800 isolated communities.
It supports parts of the National Strategy on Rural Transport Development, including $135 million for the rehabilitation of 676 kilometers and maintenance of 48,578 kilometers of local roads in 14 targeted provinces.
It also provides $245.5 million for the reconstruction or construction of 2,174 small bridges to isolated and impoverished communities in 50 provinces in Vietnam under the Local Bridge Construction Component, along with $4.5 million in technical assistance for project completion.
The project will provide flood control infrastructure and wastewater collection and treatment facilities and strengthen capacity in provinces in flood forecasting and prevention as well as in the better use of water resources.
The project will protect more than 255,000 residents, 60 per cent of which are in rural areas and 40 per cent in urban areas and small towns, and about 5,720 ha out of 8,390 ha that are frequently flooded.
It will also improve sanitation conditions for about 120,000 residents living in four small towns and 33 rural villages, and support provinces with the establishment of an early warning and emergency response system for floods and a river basin management mechanism.
The $150 million in funding is from the World Bank Group’s International Bank for Reconstruction and Development, its lending arm for middle-income countries.