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

Countries
  • Vietnam
Geographic location 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
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
A
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Oct 31, 2017
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Government of Vietnam
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
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, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 170.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. 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, this amount is converted to USD ($) on the date of disclosure. 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, this amount is converted to USD ($) on the date of disclosure. 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, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents 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
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed 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
Here you can find a list of individual development financial institutions that finance the project.

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


Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

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

How it works

How it works