Vietnam Second Distribution Efficiency Project (WB-P162173)

Countries
  • Vietnam
Where the impacts of the investment may be experienced.
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
Proposed
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.
Borrower
Socialist Republic of Vietnam
The holder of the loan, grant, or other investment.
Sectors
  • Energy
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)
$ 350.00 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)
$ 560.00 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 Mar 15, 2019


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Project Description

According to the bank document, the project development objective is to improve the quality and reliability of electricity services to final consumers by Vietnam’s Power Corporations

Investment Description
  • World Bank (WB)

Financing Source Amount
Borrower                                                                    US$ 210.00 million 
International Bank for Reconstruction and Development US$ 350.00 million
Total Project Cost                                                        US$ 560.00 million

Contact Information

1/World Bank
Hung Tien Van
Senior Energy Specialist

2/Borrower/Client/Recipient
Socialist Republic of Vietnam
Name: Hai An Ha
Title: Deputy Director General, ICD, State Bank of Vietnam
Email: an.hahai@sbv.gov.vn

3/Implementing Agencies
Electricity of Vietnam
Name: Hoang An Dang
title: President & CEO
Email: giangnlt@evn.com.vn

FOR MORE INFORMATION CONTACT

The World Bank

1818 H Street, NW Washington, D.C. 20433

Telephone: (202) 473-1000

Web: http://www.worldbank.org/projects

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.