The World Bank on November 28 approved a US$25 million credit to Vietnam to help Vietnam better manage trans-boundary water resources and climate risks through river basin approaches and improved water resources data collection, analysis, and exchange.
The Integrated Water Resources Management Project – Phase 2 will contribute to the overall goal of implementation of integrated water resources management in the Lower Mekong Basin for sustainable economic, social and environmental development by developing the capacity of the Ministry of Natural Resources and Environment, Vietnam National Mekong Committee and relevant agencies.
The Project will provide support for the institutional development of integrated water resources management in Vietnam’s part of the Sesan-Srepok Basin and help establish a Water Resources Monitoring Network at the border areas with Cambodia and Lao PDR in the Lower Mekong and a water resources information system for the Vietnam part of the Lower Mekong.
Moreover, the project will strengthen the hydro-meteorological information network, flood forecasting and warning system in the Central Highlands.