Ho Chi Minh City will spend 29 trillion VND (1.3 billion USD) for anti-flooding and canal dredging, works and cleaning up its highly polluted canal network.
While housing developers in Ho Chi Minh City are looking for occupants for over 15,000 apartments they have built, the city's authorities said more such apartments are needed to resettle people moved out of their houses for various reasons.
Ho Chi Minh City’s authorities are struggling to reach the target of having wastewater treatment systems at all export processing zones, industrial parks and industrial complexes by 2020.
More than 2,000 canals around HCM City have been seriously polluted threatening people’s health, reported the Nong Thon Ngay Nay (Countryside Today) newspaper.
Leader of the Republic of Korea’s Hanwha conglomerate said that the company wants to invest in a waste water treatment system for the Tan Hoa – Lo Gom canal in Ho Chi Minh City.
Experts have proposed using the Nhieu Loc – Thi Nghe Canal as a reservoir to regulate water as urban floods have become more serious during the rainy season in HCM City.
The investment budget for road traffic projects in the next five years will be 124 trillion VND (5.5 billion USD) tripling the amount in the period of 2015.
The Department of Planning and Investment of HCM City has asked the
municipal government to add four wastewater treatment facilities worth a
total of 890 million USD to the list of projects to be financed by
Asian Development Bank (ADB) aid in 2016-2020, the Saigon Times Daily
reports.
The 7.5km Tan Hoa-Lo Gom canal and its nearby areas in Ho Chi Minh City
now have a new look after four years of clean-up and upgrade, benefiting
over 1.2 million residents.
More than 7.5 million people in four cities, Nam Dinh, Hai Phong, Can
Tho and Ho Chi Minh City, have been the direct and indirect
beneficiaries of the Vietnam Urban Upgrading Project, which was carried
out over the past 10 years.
Ho Chi Minh City has resolved pollution problems at 1,400
manufacturers in the city over the last 11 years by either relocating
the factories or by suspending polluting operations.