Can Tho Urban Development and Resilience (WB-P152851)

Countries
  • Vietnam
Where the impacts of the investment may be experienced.
Specific Location
Can Tho City
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
  • World Bank (WB)
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
Mar 24, 2016
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
Socialist Republic of Vietnam, Can Tho People's Committee
The holder of the loan, grant, or other investment.
Sectors
  • Transport
  • Water and Sanitation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 250.00 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)
$ 250.00 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)
$ 322.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Bank Documents
Primary Source

Original disclosure @ WB website

Updated in EWS Nov 16, 2017

Disclosed by Bank May 24, 2015


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Project Description
According to bank documents, the development objective of the Can Tho Urban Development and Resilience Project for Vietnam is to reduce flood risk in the urban core area, improve connectivity between the city center and the new low risk urban growth areas, and enhance the capacity of city authorities to manage disaster risk in Can Tho city. The project comprises of three components: 1.Flood risk management and environmental sanitation objective is to reduce flood related risks in the urban core of Can Tho. This component consists of a balance between structural and non-structural measures to help the city manage urban flood risk. It consists of three sub-components: (i) priority flood control investments in urban core; (ii) drainage and waste water systems; and (iii) operation of the city integrated flood risk management system and early warning system. 2. Urban corridor development objective is to increase intra-city connectivity and encourage compact, mixed-use, pedestrian, and public transport oriented urban development in the less flood prone area of Cai Rang. It consists of three sub-components: (i) road and bridge links; (ii) construction of the residential area for resettlement; and (iii) effective transport systems management and equipment. T 3. Spatial planning platform and financial and social protection instruments objective is to build management systems to improve spatial planning, data and information management, post-disaster budget execution, and the responsiveness of safety nets to flood events. It consists of two sub-components: (i) risk informed spatial planning platform; and (ii) disaster responsive social assistance system.
Investment Description
  • World Bank (WB)
FINANCIER COMMITMENTS International Bank For Reconstruction And Development 125.00 International Development Association (Ida) 125.00 Switzerland: Swiss Agency For Dev. & Coop. (Sdc) 10.00 Borrower 62.00
Contact Information
Team Leader: Hoa Thi Hoang Senior Urban Specialist, World Bank Telephone No.: 5777+248 Email Address: hhoang@worldbank.org Marc S. Forni Senior Disaster Risk Management, World Bank Telephone No.: 473-9275 Email Address: mforni@worldbank.org Borrower/Implementing Agency: Can Tho City People's Committee Le Hung Dung, Chairman Telephone No.: 07103754084 Email Address: canthonuup@gmail.com ACCOUNTABILITY MECHANISM OF WORLD BANK The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.