The money will be spent on improving hydrologic and rainfall forecasting and flood-control projects, and flood research and evaluation efforts, with the aim of improving the city’s natural disaster responses.
The project is expected to begin next year and run through 2022 if approved. It will be applied in HCM City and in the provinces of Dong Nai and Long An.
The city in recent years has faced severe flooding due to rising tides, water discharge and torrential rains.
Sites with heavy flooding include Nhieu Loc –Thi Nghe, Kenh Doi-Kenh Te, Ben Nghe-Tau Hu, Tan Hoa-Lo Gom and Tham Luong-Ben Cat, located in the districts of Binh Thanh, Tan Phu, Tan Binh, Thu Duc, 8 and 12.
Property damages from flooding are estimated to be around 5 trillion VND (234 million USD) each year.