Mekong Urban Climate Resilience Development Project (WB-P173106)

Countries
  • Vietnam
Where the impacts of the investment may be experienced.
Specific Location
Rach Gia City, Kien Giang Province, Ca Mau and Tra Vinh provinces
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
Proposed
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
Jun 23, 2020
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
The Government of the Socialist Republic of Vietnam
The holder of the loan, grant, or other investment.
Sectors
  • Climate and Environment
  • Infrastructure
  • Law and Government
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)
$ 202.00 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)
$ 202.00 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)
$ 275.00 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 Feb 10, 2020

Disclosed by Bank Jan 3, 2020


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Project Description

According to the bank document,  improve access to infrastructure, connectivity and to enhance flood and environmental management in selected cities of the Mekong Delta in Vietnam, potentially those are Rach Gia City, Kien Giang province, Ca Mau and Tra Vinh provinces. 

Investment Description
  • World Bank (WB)

International Bank for Reconstruction and Development (IBRD-World Bank's funding) US$ 202.00 million

Counterpart Funding (Vietnam Govt) US$ 72.50 million

Financing Gap US$ 0.51 million

Contact Information

1/ World Bank Contact

Hoa Thi Hoang, Mansha Chen, Van Anh Thi Tran
Sr Urban Spec.

2/Borrower/Client/Recipient
The Socialist Republic of Vietnam

3/Implementing Agencies
ODA PMU of Rach Gia City, Kien Giang Province
Contact: Dung Cao - PMU Director

Email: pmurachgia@yahoo.com.vn

ODA PMU of Ca Mau Province
Contact: Giang Do- PMU Director

Email: mdr.uupcamau@gmail.com

ODA PMU of Tra Vinh
Nam Le - PMU Director

Email: travinhcitypmu@gmail.com

4/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.