ADB to Fund Water Vietnamese Programmes

The Asian Development Bank will provide a $100m loan to finance the expansion of an irrigation infrastructure in Vietnam.

The loan will be used to repair the 50-year-old Bac Hung Hai irrigation and drainage system in the northern provinces of Hung Yen, Hai Duong and Hai Phong.

The funding will also be used to construct a new training centre for the Water Resources University, which is expected to be completed in 2016.

The irrigation infrastructure will benefit 560,000 people in Bac Hung Hai through irrigation improvements and 1.9 million people by improving drainage systems and flood risk reduction.

The Vietnamese Government will provide another $51m for the project.