New Delhi, Aug. 4 -- Asian Development Bank signed a strategic deal of USD 6 million with Thu Dau Mot Water Joint Stock Company (TDM) for collaborating on future water expansion projects. The current collaboration is intended to expand the Bau Bang water treatment plant to tackle the growing water needs amid rapid economic and population development in Ho Chi Minh City.
The allocated amount will be dedicated to increasing the plant's capacity from 30,000 to 80,000 cubic metres per day and ensuring clean water for residents, commercial, and industrial users. Reportedly, Japan International Cooperation Agency (JICA) also joined ADB for cofinancing. JICA is a governmental agency that assists the economic and social growth in developing countr...