On August 1, ADB and JICA signed a loan agreement worth 12 million USD for Thu Dau Mot Water Joint Stock Company to expand Bau Bang water treatment plant, meeting the increasing demand for water supply in the context of rapid economic and population growth in industrial parks and residential areas in Ho Chi Minh City (formerly Binh Duong ), including Bau Bang and South Binh Duong areas.
The Asian Development Bank (ADB) and the Japan International Cooperation Agency (JICA) have committed to providing capital to help Thu Dau Mot Water Joint Stock Company (TDMWater) invest in increasing the capacity of Bau Bang water plant.
According to the plan, the project will increase the capacity of Bau Bang Water Plant by 320,000 m3/day and night, bringing the total capacity to 350,000 m3/day and night. Of which, phase 1 with a capacity of 100,000 m3/day and night, is expected to be implemented in the period of 2025 - 2026. This will be a key project in the water supply infrastructure development strategy of Thu Dau Mot Water in the period of 2025-2030.
The total investment capital of the project is about 600 billion VND (23 million USD). Of which, ADB and JICA committed to support a loan of about 12 million USD (about 312 billion VND), accounting for 52% of the total investment value of the project. The project is in line with the Government 's equitization reform program, aiming to transform state-owned enterprises into units operating under market mechanisms. This transformation is expected to improve operational efficiency and contribute to reducing public debt and government-guaranteed debt in the infrastructure sector in Vietnam.
The total investment capital of the project is about 600 billion VND (23 million USD). Of which, ADB and JICA committed to support a loan of about 12 million USD (about 312 billion VND), accounting for 52% of the total investment value of the project.
Thu Dau Mot Water will also receive knowledge and technical support through ADB’s Water Institution Partnership for Climate Adaptation. The program will provide capacity building training for company staff in key areas such as ecological water management, smart energy management, and carbon neutrality. These trainings will be conducted in partnership with the Korea Water Resources Corporation, a globally recognized leader in water management.
Established in 2013, Thu Dau Mot Water specializes in treating and supplying clean water wholesale through two water plants in Bau Bang and Di An areas. In which, Thu Dau Mot Water currently owns a total capacity of up to 260,000 m3/day and night, including Di An Water Plant with a capacity of 200,000 m3/day and night and Bau Bang Water Plant with a capacity of 60,000 m3/day and night.
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Source: https://htv.com.vn/nha-may-nuoc-bau-bang-duoc-dau-tu-mo-rong-voi-von-vay-12-trieu-usd-tu-adb-jica-222250802153026277.htm
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