HCMC asks for Government permission to implement 36 anti-flooding projects

The HCMC People’s Committee has proposed the Ministry of Planning and Investment to submit the investment policy of 36 anti-flooding projects in the city to the Prime Minister with the total funds of VND9,936 billion (US$439 million).

Tide control sluices in Nhay-Ruot Ngua canals in Ward 16, District 8 (Photo: SGGP)

The funds will be raised from State Capital Investment Corporation (SCIC), according to the proposal.
Besides the above projects the city needs VND73,057 billion ($3.21 billion) to implement a slew of other projects under the flooding mitigation program, said the committee.

By Quoc Hung – Translated by Hai Mien

Other news

Most view

At the forum (Photo: SGGP)

Ben Tre Province facilitates agriculture investors

A forum held in the Mekong Delta province of Ben Tre yesterday had met to promote investment in agriculture with the participation of the provincial Party Secretary Vo Thanh Hao, Chairman of People’s Committee Cao Van Trong and 250 enterprises.