HCM CITY — Sluggish site clearance has considerably slowed down ODA (official development assistance) disbursement for the HCM City Urban Upgrade Project as well as the progress of the project itself. A project evaluation meeting of the city legislature's Economic-Budget Board held on Monday found that the project was lagging behind efficiency commitments made to the World Bank. The project is part of the 2004-2012 Viet Nam Urban Upgrade Programme that aims to upgrade infrastructure, improve the environment and living conditions of more than one million low-income people in four cities and provinces - HCM City, Can Tho, Hai Phong and Nam Dinh. For the HCM City Urban Upgrade Project disbursement so far has reached about US$80 million, far from the total investment capital of $592.7 million of which ODA loans account for US$266.8 million. Deputy head of city project, Le Thanh Liem, said an exception was the infrastructure and sanitation improvement of Tan Hoa-Lo Gom Canal, one of … [Read more...] about Urban upgrade project too slow, say officials
Infrastructure upgrade project plan
City prioritizes urban upgrade projects By Anh Quan - The Saigon Times Daily HCMC – The HCMC government has plans to prioritize funding for urban upgrade projects from now to 2015 to help improve living standards of residents. The projects cover a wide range of services to improve the social infrastructure and urban environment. In the 2016-2020 period, the city will focus on urban upgrade projects in outlying districts. Local government has released a plan to mobilize capital for the program from now to 2020, which is part of the national urban upgrading plan. Under the city’s targets, 100% of residents will have access to tap water and 100% of solid waste will be properly disposed of in 2020. Urban areas will have to meet traffic standards and improve environmental sanitation and drainage systems. The city will establish a credit fund for the poor to help them improve their accommodation and income. HCMC will also raise management capacity of governing bodies in urban … [Read more...] about City prioritizes urban upgrade projects
Within a visit framework to Japan, Secretary of the Ho Chi Minh City Party Committee Mr. Dinh La Thang yesterday morning had a meeting with Hanoi Ngan Nam Joint Stock Company and some Japanese companies including Daiwa Houssing, Mitsubishi, Fujita Engineering and Oriental Consulting Group who are interested in the Xuyen Tam Canal Upgrade Project. The canal has total length of nearly 10 kilometers which stretches from Nhieu Loc –Thi Nghe Canal in Binh Thanh district to Vam Thuan River in Go Vap with its total investment capital up to over VND 5,000 billion. Around 2,000 households will be relocated. The Ho Chi Minh City People’s Committee has approved the plan of dredging, environmental clearance, infrastructure construction and land exploitation along Xuyen Tam canal under the Build – Operate (BT) contract by 2020, aiming to upgrade transport infrastructure and urban residential areas along the canal as well as solve water release for Binh Thanh district. Vice … [Read more...] about HCMC calls for speeding up Xuyen Tam Canal Upgrade Project.
The sum, signed on March 7 by Deputy Finance Minister Truong Chi Trung and General Director of the OFID Suleiman Jasir Al-Herbish, totals US$ 21.5 million for 20 years with five years enjoying the grace period, and interest rate of 1.75 percent per year and 1 percent of service fee, which is calculated on the principal balance. The aim of the project is to boost socio- economic development at rural areas through a series of small-scale projects which are to be deployed in two central provinces of Ha Tinh and Thanh Hoa. The objectives of the project will be achieved through the expansion and upgrading of infrastructure: education, health, irrigation, transportation, and markets in the two mentioned provinces and through capacity enhancing activities. The PM has assigned the two provincial People's Committees to complete all necessary procedures for the project such as planning, bidding and financial mechanism. VGP … [Read more...] about Coastal Infrastructure Development Project Ratified
VGP - The Ministry of Construction and the World Bank on Monday co-organized the groundbreaking ceremony of the Mekong Delta Region Urban Upgrading Project for six cities namely Can Tho, My tho, Cao Lanh, Ca Mau, Tra Vinh and Rach Gia. The project will give priority for 110 low-income areas (LIAs) by improving, constructing and providing infrastructure with the participation of local communities. The project has total investment of US$399 million, of which US$293 million sourced from the WB and the rest is corresponding capital. The objectives of the project is to improve the living conditions of the urban poor in selected cities in the Mekong Delta region; improve urban management capacity and planning in those same cities; and strengthen knowledge and urban management capacity at the national level. There are five components to the project. The first component is tertiary infrastructure upgrading in low income areas. This component includes provision of support to upgrade … [Read more...] about Mekong Delta Region Urban Upgrading Project launched