ADB to Support Vietnam’s Clean Water Project

The Asian Development Bank (ADB) has approved a series of loans worth $1bn to enable Vietnam to provide clean water access for three million people and improve its water infrastructure.

Out of the funding, $138m will be used for a project in Ho Chi Minh City to improve water pressure and coverage for over 500,000 people, and provide new water connections to 20,000 families.

The funding is part of a $2.8bn investment programme involving ADB, the Government of Vietnam, development partners and water company financiers.

The project aims to reduce water loss in urban areas to less than 20% by 2020, bringing Vietnam’s cities in line with affluent Asian cities such as Seoul in South Korea.

Vietnam is targeting 90% piped water coverage by 2020 and universal piped water coverage by 2025.