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Sep 17, 2014 / 17:02

WB-funded project really helpful to Southern province

A World Bank funded project to upgrade six urban areas in the Mekong River Delta has kicked off its second phase for the four-year period from 2014-2017, according to the Steering committee for Southwestern region.

The total investment for the second phase of the project isUS$399 million, of which US$293 million is sourced from WB ODA funding a.nd the remaining comes from the Vietnamese Government’s counterpart capital.
 


The six cities in the Mekong River Delta include Can Tho, My Tho (Tien Giang province), Cao Lanh (Dong Thap province), Ca Mau (Ca Mau province), Tra Vinh (Tra Vinh province), Rach Gia (Kien GIang province).

The project aims to upgrade infrastructure in these cities, build resettlement areas and canals, enhance management capacity, repair roads and improve drainage system.

Nearly 3.5 million people in six urban areas will benefit directly or indirectly from the project when it is completed.

It is part of a programme to upgrade national urban areas which has been approved by the Prime Minister for the period 2009-2020. Accordingly, around 100 urban areas (fourth-tier cities) will be upgraded in the future.