The World Bank Board of Executive Directors approved a credit worth25 million USD to help Vietnam carry out a project to better managetrans-boundary water resources and climate risks through river basinapproaches and improve water resources data collection, analysis, andexchange.
The project is the second part of a 4-phaseprogramme named “the Integrated Water Resources Management Project”,which establishes key examples of integrated water resources managementpractices in the Lower Mekong basin at the regional, national, andsub-national levels, thus contributing to more sustainable river basindevelopment in the Lower Mekong.
The project willprovide support for the institutional development of integrated waterresources management in Vietnam’s part of the Sesan-Srepok Basin, whilehelping the country establish a water resources monitoring network atthe border areas with Cambodia and Laos in the Lower Mekong region and awater resources information system in the region.
It willalso contribute to strengthening the hydro-meteorological informationnetwork, flood forecasting and warning system in the Central Highlands.
The credit comes from the WB’s International Development Association (IDA).-VNA