World Bank to support sustainable urban development in Dong Nai

VNA| 10/09/2024 09:42

Leaders of the People’s Committee of the southern province of Dong Nai on September 9 worked with a working group from the World Bank (WB) on sustainable urban development and efficient growth initiatives.

The WB's representatives highlighted the province’s strategic location, neighboring Ho Chi Minh City and the port system of Ba Ria-Vung Tau, with major infrastructure works like Long Thanh International Airport, highways, and the Dong Nai River. These advantages offer great potential for economic and social development.

They said the bank aims to support sustainable urban management along the Dong Nai River to address climate change. Key focuses include developing a public transport system centered around the Long Thanh International Airport and designing storm water drainage networks by utilizing existing canals.

The proposed ideas, developed with expert input, align with Dong Nai’s approved urban planning scheme. The bank prioritises storm water management as a core solution to boost development. Protecting rivers and lakes and establishing green corridors will help provide environmental services for residents. Additionally, the Long Thanh International Airport will serve as a central hub, connected to tourism and urban services across Dong Nai.

The bank's working group expressed interest in Dong Nai’s development potential, saying that the WB is ready to provide financial support for the province's projects. It encouraged Dong Nai to propose projects requiring funding for consideration.

Chairman of the provincial People's Committee Vo Tan Duc confirmed the province’s support for the bank’s initiatives, emphasising the need to accelerate technical support and capital access for projects.

He assigned the Department of Planning and Investment to work closely with the bank to finalise the capital needs for upcoming projects.

Dong Nai estimates it will need over VND1 quadrillion (US$40 billion) for development by 2030, including VND525 trillion from 2026 to 2030, Duc said.

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