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

Countries
  • Vietnam
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
Bank Risk Rating
B
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
May 26, 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
SOCIALIST REPUBLIC OF VIETNAM. Implementing agencies Danang PIIP PMU, Danang Department of Transport
The holder of the loan, grant, or other investment.
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, etc.
Investment Amount (USD)
$ 72.52 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)
$ 86.12 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 @ WB website

Updated in EWS Sep 17, 2019

Disclosed by Bank Dec 1, 2015


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project 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
  • World Bank (WB)

BORROWER/RECIPIENT 13.60
International Development Association (IDA) 72.52

Total Project Cost 86.12

Contact Information

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.