Phu Quoc Sustainable Water Management Project (WB-P173588)

Regions
  • East Asia and Pacific
Geographic location where the impacts of the investment may be experienced.
Countries
  • Vietnam
Geographic location where the impacts of the investment may be experienced.
Specific Location
Phu Quoc island, Kien Giang province
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
Canceled
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
A
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
Dec 7, 2020
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
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Climate and Environment
  • Infrastructure
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)
$ 90.18 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.
Loan Amount (USD)
$ 90.18 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)
$ 188.30 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 Aug 12, 2024

Disclosed by Bank May 14, 2020

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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.

According to the bank document, "the Project Development Objective (PDO) is to improve security and integrated management of Phu Quoc Island’s water resources. This will be achieved through:

(i) increasing water storage capacity and supply coverage;

(ii) improving wastewater management; and

(iii) reducing flood risks. 

It is envisaged that the project will support resilient infrastructure for water supply, drainage, flood retention, wastewater and solid/plastic waste collection. The project will support resilient infrastructure for water supply, drainage, flood retention, wastewater and solid waste management, in targeted areas - critical for long-term sustainable development of the Island. Such interventions collectively will support the achievement of the PDOs, to be measured through the following Key Results indicators.
- Increase in water storage capacity (months of storage for projected demand)

- People provided with access to “improved water sources” (number, including female)

- People provided with access to “improved sanitation services” (number, including female)

- Reduced area prone to floods in the area covered by the project interventions (hectares)

- Volume (mass) BOD pollution load removed by the treatment plant supported under the project (tons/year)

- Solid and plastic waste removed from the new and rehabilitated drainage system supported under the project (tons/year)".

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

International Bank for Reconstruction and Development (IBRD- World Bank funding) US$ 110.70 million

Borrower/Recipient - Vietnam Government US$ 77.60 million

 


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.

1/ World Bank Contact

David Malcolm Lord, Hung Duy Le

Senior Water Supply and Sanitation Specialist

2/ Borrower/Client/Recipient

Socialist Republic of Vietnam

3/ Implementing Agencies

Phu Quoc Economic Zone Management Board

Contact: Nguyen Thanh Tung

Title: Director

Email: tungphuquoc@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: https://www.inspectionpanel.org.

How it works

How it works