Secondary Green Cities Development Project (ADB-47274-003)

Countries
  • Vietnam
Where the impacts of the investment may be experienced.
Specific Location
Vinh Yen city -Vinh Yen province, Hue city-TTH province and Ha Giang city -Ha Giang province
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
A
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Oct 31, 2017
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of Vietnam
The holder of the loan, grant, or other investment.
Sectors
  • Energy
  • Infrastructure
  • Transport
  • Water and Sanitation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant, Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 170.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 170.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Grant Amount (USD)
$ 6.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 223.87 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Jul 20, 2020

Disclosed by Bank Oct 31, 2017


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Project Description

The project supports an economically competitive, environmentally sustainable and socially inclusive development for Vinh Yen city (Vinh Yen), Hue city (Hue) and Ha Giang city (Ha Giang) of Viet Nam. The project cities' green and climate resilient development approaches will be scaled up for nationwide green secondary city development.

Specifically, in 2013, Asian Development Bank (ADB) started a policy dialogue with the Vietnamese government by providing a capacity development technical assistance (CDTA) to support secondary cities for balancing economic growth and environmental sustainability to guide urbanization process. Vinh Yen and Hue was selected for the technical assistance and other 3 citiesn in Ha Giang was also added in the project.

In 2014- 2015, a "_GrEEEn"_ city action plan (GCAP) for each city was completed and endorsed by the government to mainstream an integrated urban planning incorporating climate change adaptation and mitigation, prioritize investments and propose greener solutions.

Investment Description
  • Asian Development Bank (ADB)

ADB US$ 170.00
Co-financing US$ 6.00
Government US$ 47.87
Total US$ 223.87

Contact Information

Provincial People's Committee Thua Thien Hue
14 Le Loi Street, Hue City, Thua Thien Hue
Viet Nam

Provincial People's Committee Vinh Phuc
VPUBND@VINHPHUC.GOV.VN
No.38-40, Nguyen Trai Road Dong Da Ward,
Vinh Yen Town, Vinh Phuc Province, Vietnam

Provincial People's Committee of Ha Giang Province
Ha Giang Province, Vietnam

ACCOUNTABILITY MECHANISM OF ADB

The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main