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HCM City approves USD2.9 billion for environmental projects

The HCM City People’s Committee has approved a plan to spend up to VND64.2 trillion (USD2.9 billion) to carry out 54 environmental projects by 2020.

The HCM City People’s Committee has approved a plan to spend up to VND64.2 trillion (USD2.9 billion) to carry out 54 environmental projects by 2020.

Of the sum, VND51.3 trillion (USD2.3 billion) will be allocated to build facilities to collect and treat household wastewater as well as dredge canals by using Public-Private Partnerships and Official Development Assistance.

Meanwhile, the city will spend VND1.07 trillion on site clearance, resettlement of households, and the planting of trees to segregate the Da Phuoc Waste Treatment Complex and Da Phuoc Cemetery from nearby residential areas.

HCM City is calling for VND2 trillion in investment from the private sector for a solid waste treatment project which has a capacity of of 1,000 to 2,000 tonnes a day.

By 2020, the city will focus on recycling waste to make compost fertilizer, while it will burn and bury a large number of waste. The southern metropolis has set a target to reduce 50-65% of using plastic bags.

Source: dtinews.vn
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