The project was planned to be implemented in Ha Giang, Vinh Phuc, and Thua Thien-Hue province with an initial investment of US$1 million, of which ADB provided US$800,000 of the initial capital injection under a non-refundable scheme.
It was set to have been carried out from January 2014 to February 2015, however due to changes in aid criteria of ADB projects, funding allocated to the project were adjusted to over US$2.3 million.
Accordingly, the ADB will still contribute US$800,000, but with an additional US$1 million from the Urban Climate Change Resilience Trust Fund (UCCRTF) under the Urban Financing Partnership Facility (UFPF) of the ADB, US$300,000 from the Water Financing Partnership Facility (WFPF) under the Netherlands Trust Fund (NTF), and the remaining balance will be provided by the government of Vietnam.
And, the duration of the project was also adjusted, expectedly starting in March 2016.
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At the meeting, the ADB official Sofia, said the bank has established a disbursement mechanism consistent with the bank’s loan policies and ensuring efficient project implementation with special attention to the quality of technical infrastructure for building the Green City. In return, Chairman of the People's Committee of Thua Thien-Hue Nguyen Van Cao lauded the cooperation and assistance of the ADB and pledged to direct authorised bodies to carry out the project as scheduled.
The province aims to have 95% of its land area considered urban, 70% of industrial parks using water treatment systems, 100 percent of medical waste collected and treated to meet environmental standards, and to provide 5 square metres of public green land area per person by 2020.