Phu Yen calls for WB’s support in infrastructure, economic development
The south central coastal province of Phu Yen has called for the World Bank (WB)’s provision of official development assistance (ODA) and soft loans for infrastructure and economic development in the locality.
WB Country Director in Vietnam Ousmane Dione (standing) speaks at the conference (Photo: VNA)
Phu Yen (VNA) – The south central coastalprovince of Phu Yen has called for the World Bank (WB)’s provision of officialdevelopment assistance (ODA) and soft loans for infrastructure and economicdevelopment in the locality.
Speaking at a conference on Phu Yen-WB developmentcooperation in Tuy Hoa city on November 16, Pham Dai Duong, Chairman of theprovincial People’s Committee said that Phu Yen is in need of WB’s creditassistance to build transport system and natural prevention works such as seadykes and reservoirs.
The locality also hopes for technical support in planningand conducting feasibility study on the building of smart city in Tuy Hoa,along with consultations in calling for resources from the outside andpromoting public-private partnership, he said.
Phu Yen pledges to become a trustworthy local partner of theWB, vowed the provincial leader.
WB Country Director in Vietnam Ousmane Dione said that thebank is willing to cooperate with the south central province and become thelocality’s partner in areas proposed by the locality.
Following the conference, the WB will take specific actionsto implement relevant projects, he said.
Over the years, Phu Yen has called for resources for theimprovement of infrastructure system and socio-economic development.
In the 2011-2015 period, Phu Yen received 14 projects worth1.38 trillion VND funded by ODA and soft loans, up 21.1 percent over that inthe 2006-2010 period.
The resources mostly came from the WB, the Asian DevelopmentBank (ADB), the Japan International Cooperation Agency (JICA), the GermanDevelopment Bank (KfW), and the French Development Agency (AFD).
The province has attracted two WB-funded projects onovercoming natural disasters’ consequences and strengthening land and land datamanagement for 2016-2020./.
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WB Country Director in Vietnam Ousmane Dione (standing) speaks at the conference (Photo: VNA) 
