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World Bank to consider more loans for Sustainable Development Project

DA NANG Today
Published: August 24, 2015

Da Nang People's Committee Chairman Huynh Duc Tho recently met with some representatives from the World Bank (WB) to review the implementation of the city’s Sustainable Development Project.

The 272.135 million USD project is being implemented until 2018.  Of this, 202.435 million USD is coming from World Bank loans, and the remainder is from the city’s budget.

Representatives from the WB agreed to consider giving an additional 86.5 million USD in loans to help the city build a drainage system for local families living near the My An and My Khe tourist beaches, install intelligent transport and integrated ticket systems in the city, and construct the DH2 street in Hoa Vang District.

The conference in progress
The conference in progress

To date, a detailed design for the project has been fully completed, whilst some of the project’s bid packages are underway or under construction.  These packages include the construction of the Hoa Xuan waste water treatment plant, the development of 5 Bus Rapid Transit (BRT) routes, the upgrade of the local sewage and rainwater drainage systems, and the extending of Nguyen Tat Thanh Street and the road passing through the Hoa Phuoc and Hoa Khuong communes.

 

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