Chairman of the board of Trung Nam Group Nguyen Tam Thinh said that the project on addressing tidal flooding in Ho Chi Minh City (the first phase) also takes into account climate change factors and will be invested in under the public-private partnership (PPP) model.
The project is funded by the Bank for Investment and Development of Vietnam (BIDV) and will be implemented in late this month.
The project aims to control flooding due to tidal flow and actively cope with climate change for a 570km2 area with around 6.5 million people along the right bank of the Saigon River and in the inner city.
It is also expected to regulate the water level in canals to improve urban drainage capacity.
The project will be carried out over 36 months with the focus on building six large sluices to control flood tide and three pumping stations.
In addition, the project will build a dyke section along the Saigon River from the Vam Thuat River to the Kinh River, and 25 small sluices from the Vam Thuat River to the Muong Chuoi River. The project will ensure the normal operations of boats.
