Over 300 million USD for urban development in Can Tho
Up to 322 million USD will be poured into developing the Mekong Delta city of Can Tho and strengthening its urban adaptability under a project launched on June 3.
Pham Ngu Lao road in Ninh Kieu district, Can Tho city (Source: baocantho.com.vn)Of the total investment, 250 million USD is sourced from the World Bank’s official development assistance (ODA) loan and 10 billion USD is non-refundable aid of the Swiss Agency for Development and Cooperation.
According to Huynh Thanh Su, head of Can Tho’s ODA project management board, this is the third urban development project carried out in the city, aiming to enhance the locality’s resilience to flood risks and impacts of urbanisation.
It will also help improve urban management capacity and climate change adaptability for the city as a socio-economic centre of the Mekong Delta region, he said.
The project includes three packages, focusing on controlling floods and environmental hygiene, developing urban corridors and increasing urban management.-VNA
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