ADB to Fund Vietnamese Water Projects

The Asian Development Bank (ADB) is to provide $1bn to Vietnam between 2011 and 2020 to develop the country’s water supply system.

In 2011, ADB will provide $250m for projects to prevent the waste of clean water and another $1.5m for technical assistance.

This year’s funds will focus on improving public awareness, developing the local authorities’ skills, raising the management capability for water supply units and completing regulations to prevent clean water wastage.

The Vietnamese Government plans to reduce the rate of clean water loss to 15% by 2025, from 30% in 2009, according to vovnews.vn.