Quang Binh earmarks US$38.8 million to cope with climate change

Friday, 2014-07-11 11:38:31
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Bao Ninh commune, Dong Hoi city, is one of the localities to benefit from the project.
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Nhan Dan Online – Quang Binh provincial authorities on July 10 approved a plan on environmental improvement and urban infrastructure development to cope with climate change in Dong Hoi city, with total capital of US$38.8 million (Phase I).

The project is intended to reduce environmental pollution, improve urban environments and minimise impacts of climate change. It will also contribute to improved health conditions and quality of life for Dong Hoi’s residents. It aims to facilitate the development and integration of the city’s suburbs while boosting industrial, tourism, and services development in the locality.

Some main components under the scheme include: dredging and upgrading drainage systems in six communes and wards in Dong Hoi City, developing urban infrastructure to adapt to climate change, and improving urban flood management.

The project is scheduled to begin at the beginning of 2015 and will last for six year.

Of the total capital for the project’s first phase, US$30 million is sourced from ODA loans provided by the Asian Development Bank. The remainder consists of US$1.73 million of non-refundable ODA and US$7.07 million contributed by the local government.

The province also approved a 20-year repayment plan for the project, starting in 2021.

Reportedly, the scheme is to be the first of its kind for urban infrastructure construction and environmental development in response to climate change implemented in Quang Binh, which is often affected by natural disasters and floods.