A project to improve the environment and sanitation in HCM City’s District 2 worth more than VNĐ11.13 trillion (US$495 million) is lagging well behind schedule, requiring authorities’ interventions to speed up.
In March 2015, the State Bank of Việt Nam and the World Bank signed agreements for a total of US$450 million in loans and credits to Việt Nam to improve HCM City’s environment and sanitation.
The funding for the Second HCM City Environmental Sanitation Project was expected to improve the environment by treating wastewater, strengthening institutional capacity to manage sanitation and wastewater services, and increasing public awareness of the benefits of improved sanitation practices.
The project includes a treatment plant to treat wastewater collected in the Nhiêu Lộc-Thị Nghè basin and from parts of District 2. The plant will treat untreated wastewater that is currently discharged into the Sài Gòn River.