The Ministry of Agriculture and Rural Development (MARD) has approved a World Bank (WB)-funded “disaster management” project at a total investment level of around US$180 million.
Of the amount, US$150 million is sourced from WB loans and the remaining from corresponding capital.
The project will be implemented from 2012 to 2017 in the central coastal provinces of Thanh Hoa, Nghe An, Ha Tinh, Quang Binh, Quang Tri, Quang Nam, Quang Ngai, Danang, Binh Dinh and Ninh Thuan with the aim of minimizing human and property losses caused by natural disasters.
The project aims to improve the weather forecast and early warning systems and data collection and analysis for public to cope with natural disasters in time, apart from developing a sustainable hydrometeorology model and supplying technical equipment for observing and monitoring stations.
MARD said that through investment in infrastructure development, the project will mitigate disaster risks in the Ca, Ma, Vu Gia-Thu Bon and Tra Khuc-Tra Bong river basins.