Additional Financing for Danang Sustainable City Development Project (WB-P159049)

Countries
  • Vietnam
Geographic location where the impacts of the investment may be experienced.
Specific Location
Da Nang 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
Active
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
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
May 26, 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
SOCIALIST REPUBLIC OF VIETNAM. Implementing agencies Danang PIIP PMU, Danang Department of Transport
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Construction
  • Infrastructure
  • 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, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 72.52 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)
$ 86.12 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.
Bank Documents
Primary Source

Original disclosure @ WB website

Updated in EWS Sep 17, 2019

Disclosed by Bank Dec 1, 2015

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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.

This project finances additional funding for the Da Nang Sustainable City Development Project which aims to expand access to improved drainage, wastewater collection and treatment services, the arterial road network, and public transport in selected areas of Da Nang City. This includes infrastructure improvements in drainage and wastewater, bus rapid transit, and urban strategic roads.
The project consists of five main components.
Component 1: Drainage and Wastewater Improvement-Wastewater Collection and Treatment: development of separate sewer/house connection system in the coastal tourism area of My An-My Khe.
Component 2: Bus Rapid Transit Development- (c) introduction of integrated fare collection and Intelligent Transport Systems (ITS) for public transport including BRT system.
Component 3: Urban Strategic Roads-and the improvement of DH2 (Hoa Nhon-Hoa Son) Road.
Component 4: Technical Assistance and Capacity Building
Component 5: Transferred Activities of Da Nang Priority Infrastructure Investment Project

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

BORROWER/RECIPIENT 13.60
International Development Association (IDA) 72.52

Total Project Cost 86.12


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.

Borrower/Client/Recipient
Name: SOCIALIST REPUBLIC OF VIETNAM
Contact: Mr. Le Minh Hung
Title: Govenor
Email: anh.doanhoai@sbv.gov.vn

Implementing Agencies
Name: Da Nang PIIP PMU
Contact: Mr. Luong Thach Vy
Title: PMU Director
Email: danangpiip@vnn.vn
Name: Danang Department of Transport
Contact: Mr. Le Van Trung
Title: Director
Email: sgtvt@danang.gov.vn

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.

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How it works