World Bank Provides $415 Million Credit for Dam Projects in Vietnam

Tuan Minh

16:53 16/12/2015

BizLIVE - The World Bank has approved a $415 million loan for a project in Vietnam aimed to enhance safety to 450 irrigation dams in the country, and benefit some 6.8 million people who rely on these dams.

World Bank Provides $415 Million Credit for Dam Projects in Vietnam

A view of Dong Cam dam in the central province of Phu Yen. (Photo:

The Vietnam Dam Rehabilitation and Safety Improvement Project, which supports the government’s dam safety program, will rehabilitate about 450 irrigation dams that have been prioritized based on their age and degraded condition, the World Bank said in a press release on Wednesday.
The project will help about 2.7 million people who rely on these dams for agricultural and aquaculture production and water supply, and about 4.1 million people and economic assets downstream that are at risk in the event of a dam failure.
In addition to financing the physical rehabilitation of irrigation dams, the project will also support the government’s efforts to implement a sustainable framework for ensuring dam safety across the portfolio of dams.
Vietnam has one of the largest networks of dams and hydraulic infrastructure in the world, alongside China and the United States. This network comprises over 7,000 dams of different types and sizes.


Từ khóa: World Bank