Nghe An is set to launch a $720 million climate change adaptation and eco-tourism infrastructure project in the province's western region. This includes roughly $595 million in loans from the World Bank (WB) and approximately $125 million from local counterpart funding.
According to the proposal, the project is divided into four components. Among them, the component on developing Vinh’s urban infrastructure to adapt to climate change is the largest, with a total estimated capital of about $415 million.
The funds will be used to upgrade urban infrastructure by integrating stormwater drainage and transportation systems at a cost of around $258 million; expand the wastewater collection and treatment system with about $65 million; and strengthen the drainage capacity of major rivers and canals with about $60 million.
Additionally, a component dedicated to strengthening solid waste management through a circular economy approach has a projected investment of $50 million. This segment focuses on improving waste management efficiency, developing material recovery facilities, and promoting circular economy models.
Another notable feature of the project is the $170 million component dedicated to upgrading infrastructure to drive tourism development in Western Nghe An. Under this plan, the province will prioritize the construction of roads connecting to tourist sites along National Highway 7A, upgrade technical infrastructure at central hubs, and support local villages in developing community-based tourism.
Furthermore, between $78 million and $85 million has been allocated for technical assistance and capacity building to ensure the effective management and implementation of all investment items.
During a working session on June 19 between the Provincial People’s Committee and the World Bank Vietnam to consult on the adjusted investment list and conduct a preliminary investment screening for the project, World Bank representatives stated that their task force had previously conducted several field surveys and held specialized meetings with local authorities and relevant agencies to assess the current situation, identify investment needs, and finalize the project proposals.
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