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Viet Nam: Creditworthiness and Institutional Capacity Enhancement for Binh Duong Water Environment Joint Stock Company

Nonsovereign (Private) Project | 54074-002 Status: Active

Binh Duong province, where BIWASE operates and which adjoins Ho Chi Minh City, is one of the fastest developing provinces in Viet Nam. The province has attracted $5.7 billion in foreign direct investment since 2016. More than 25 industrial zones and clusters,

Project Details

Project Officer
Chung, Sorin Private Sector Operations Department Request for information
Country
  • Viet Nam
Sector
  • Water and other urban infrastructure and services
 
Project Name Creditworthiness and Institutional Capacity Enhancement for Binh Duong Water Environment Joint Stock Company
Project Number 54074-002
Borrower/Company
Country Viet Nam
Location Binh Duong, Tinh Binh Duong
Type or Modality of Assistance
Strategic Agendas Inclusive economic growth
Drivers of Change Governance and capacity development
Partnerships
Sector / Subsector

Water and other urban infrastructure and services / Urban water supply

Gender Equity and Mainstreaming Effective gender mainstreaming
Responsible ADB Department Private Sector Operations Department
Responsible ADB Division Infrastructure Finance Division 2
Responsible ADB Officer Chung, Sorin
Project Sponsor(s)
Objectives and Scope

Binh Duong province, where BIWASE operates and which adjoins Ho Chi Minh City, is one of the fastest developing provinces in Viet Nam. The province has attracted $5.7 billion in foreign direct investment since 2016. More than 25 industrial zones and clusters,

including the Vietnam-Singapore Industrial Park, provide jobs to nearly 1.3 million local workers and more than 500,000 foreign workers. Provincial water demand increased annually by 16% 20% during 2016 -2019, and BIWASE projects that the provincial water demand will exceed its production capacity by 2020 2021. The Binh Duong Water Treatment Expansion Project will support the expansion by 100,000 cubic meters per day of water production capacity of the Tan Hiep Water Treatment Plant in Binh Duong province. The capacity will serve domestic consumption and industrial zones in Ben Cat town, Tan Uyen town, and Thu Dau Mot city. The expansion includes additional water intake pumps and 9 kilometers of raw water transmission pipes from the Dong Nai River and the downstream distribution network

This attached technical assistance (TA) will (i) provide capacity building on financial management and climate-resilient business and operational planning and (ii) enhance the legal foundation of the business and operational framework between Binh Duong Water Environment Joint Stock Company (BIWASE) and the Binh Duong PPC.

Linkage to Country/Regional Strategy The project aligns with the following operational priorities of ADB's Strategy 2030: (i) making cities more livable (by providing affordable, safe, and effective water and sanitation services), (ii) addressing remaining poverty and reducing inequalities (by generating quality jobs), and (iii) accelerating progress in gender equality (by enhancing gender equality in decision-making and leadership).
Safeguard Categories
Environment
Involuntary Resettlement
Indigenous Peoples
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
Business Opportunities
Consulting Services ADB will engage the consultants following the ADB Procurement Policy (2017, as amended from time to time) and its associated project administration instructions and/or staff instructions
Procurement

Procurement and engagement will follow the Asian Development Bank's Procurement Policy (2017, as amended

from time to time).

Timetable for assistance design, processing and implementation
Concept Clearance -
Credit Committee Meeting -
Approval -
Last PDS Update 09 Oct 2020

Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

The Access to Information Policy (AIP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.

The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.

In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.

Safeguard Documents See also: Safeguards

Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.

None currently available.

Evaluation Documents See also: Independent Evaluation

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Related Publications

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