Vietnam to sign a $100 million contract for the construction of water resources facilities

2019-08-22     NGUYEN ANH DUONG 기자

(Engineering Daily) Nguyen Anh Duong reporter = Vietnam Water Resources Facility Project is expected to be on the main track.

The Binh Duong Water – Environment JSC said it has signed a credit agreement with the Industrial Bank of Vietnam.

The newly signed agreement is for water resources projects being pursued by Biwise.

Biwase will invest a total of US$172 million from 2020 to 2025, building facilities that can provide water supply and sewage treatment in a package.

To that end, it will receive about $129 million in loans from the financial sector.

It is expected that the future project will be able to supply constant water to the neighboring Binh Phuoc region by supplying 450,000㎥ of water per day if it is on the main track.