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Viet Nam: Cần Thơ City to reduce flood risks
Work has begun on the US$322 million Cần Thơ Urban Development and Resilience project to reduce flood risk in the core urban area.
The project will also improve connectivity between the city centre and the new low-risk urban growth areas and enhance the capacity of city authorities to manage possible disasters.
Of the cost, $250 million will come from a World Bank loan while the Swiss State Secretariat for Economic Affairs will provide non-refundable aid of $10 million, according to Huỳnh Thanh Sử, director of the city’s official development assistance (ODA) project management authority, who announced the project at a workshop held in the city on Monday. The city will provide the rest.
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