The Can Tho Development and Urban Resilience Project aims to protect against flooding and land subsidence, investing nearly $9.2 billion in infrastructure to enhance the city’s resilience and economic growth.
Key Points
- The Can Tho Development and Urban Resilience Project aims to protect Can Tho city from flooding and land subsidence, which is affecting the area at an alarming rate of 1.31 cm per year. The project is significant due to rising flood risks.
- With an investment of nearly $9.2 billion, the project will safeguard 2,700 hectares and benefit over 420,000 residents. Key infrastructure includes a 5.2 km river embankment, 10 tidal gates, and the Tran Hoang Na Bridge, improving urban resilience.
- The project’s comprehensive approach combines flood control and infrastructure development, paving the way for sustainable urban growth in Can Tho amidst climate challenges, enhancing transportation networks and attracting investment in various sectors.
The Can Tho Development and Urban Resilience Project (Project 3) is a critical initiative addressing the imminent threats of flooding and land subsidence in Can Tho city, Vietnam. The region faces alarming rates of land subsidence, with Can Tho sinking at 1.31 cm annually—three times the rate of sea-level rise—making immediate action essential. The project aims to protect nearly 2,700 hectares, directly benefiting over 420,000 residents, and is backed by a substantial investment of nearly $9.2 billion, including $5.7 billion from a World Bank loan.
At the heart of Project 3 lies the construction of a 5.2 km river embankment along the Can Tho River, representing a significant investment of approximately $1.1 billion. This embankment serves dual purposes: it not only prevents erosion and enhances safety but also revitalizes the riverside into an attractive walkway, enriching the city’s aesthetic appeal. Complementing this structure are 10 tidal gates and two boat locks designed to regulate water flow, significantly reducing flood risks. The Cai Khe boat lock, for instance, is strategically placed to manage water flow during the rainy season.
Additionally, the project includes vital transportation infrastructure, such as the recently opened Tran Hoang Na Bridge, a 600-meter connection between Ninh Kieu and Cai Rang districts, which alleviates traffic congestion. This bridge promotes accessibility and economic activity in the southern part of the city. The project also entails constructing a 5.3 km road linking key traffic routes, thereby enhancing the urban transport network.
Divided into three components—Flood Control and Environmental Sanitation, Urban Corridor Development, and Strengthening Urban Management—the project embodies a holistic approach to combatting climate change. As Can Tho’s economic landscape evolves favorably, with notable growth in both domestic and foreign investments, Project 3 plays a vital role in ensuring the city’s resilience and sustainability in the face of escalating environmental challenges.
| This article was first published by Vietnam Briefing , which is produced by Dezan Shira & Associates. The firm assists foreign investors throughout Asia from offices across the world, including in in China, Hong Kong, Vietnam, Singapore, and India . Readers may write to info@dezshira.com for more support. |
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