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- Operations
- Multipurpose Poverty Reduction Project
Multipurpose Poverty Reduction Project
Vietnam
| Borrower | Vietnam |
| Financing Type | Public Sector |
| Instrument | Project Loan |
| Focus Area | Agriculture |
| Approved | 12.06.2003 |
| Signed | 03.12.2003 |
| Status | Completed |
| Loan Administrator | OPEC Fund |
| Executing Agency | The Provincial People's Committee-Ha Tinh |
| Co-financiers | Government |
| OPEC Fund Contribution (US$m) | 9.00 |
| Total Project Cost (US$m) | 11.00 |
Although agriculture plays a key role in Vietnam's economy, rural poverty is high, due in part to a irregular water supplies. This situation is especially prevalent in the Ninh Hai district, situated in the Ninh Thuan Province. The project will carry out the following works: construction of a reservoir with a storage capacity of 31 million m3 of water on the Trau River; construction of some 55-km of irrigation canals; relocation of about 370 householdsto a new community equipped with social amenities; provision of agricultural extension services; upgrading and repair of the irrigation network. The project will benefit numerous farming communities who will be able to enjoy increased food production and higher incomes, as well a safe supply of drinking water.