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August 16th, 2011
City Needs $673m for Flood Control, irrigation

The HCM City People’s Committee has asked the Government to allocate more funds to 16 flood-control and irrigation projects due for completion in 2015. It also sought approval to mobilise funds for these projects, which are estimated to cost about VND14 trillion (US$673 million). Of that, VND13 trillion has been allocated for a dyke system to prevent flooding and regulate the tide in the Sai Gon River. The remaining VND1 trillion is required to dredge the river and canals around the city. Read More