The World Bank (WB) on November 27 approved USD25 million in funds for the second phase of Việt Nam’s “Integrated Water Resources Management (IWRM) Project.”
The IWRM project is four-phase program to improve Việt Nam’s management of trans-boundary water resources, according to a report posted on the WB website.
It establishes water resource management practices for the Lower Mekong basin aimed at sustainable development.
A section of the Lower Mekong River which runs through Việt Nam’s Mekong Delta Province of An Giang
Phase 2 seeks to upgrade capabilities of the Ministry of Natural Resources and Environment, Việt Nam National Mekong Committee and that of other relevant agencies.
Specifically, Phase 2 will provide support for the institutional development of integrated water resource management in the Vietnamese section of the Sesan-Srepok Basin.
It will help establish a Water Resources Monitoring Network at the Lower Mekong border areas between Việt Nam and Cambodia and Laos; and a water resource information system for Việt Nam’s portion of the Lower Mekong.
It will also strengthen the Central Highlands’ hydro-meteorological forecasting and warning system.
The $25 million will come from the International Development Association, the WB’s concessional lending arm for low-income countries.
Source: Thanh Niên News