Ho Chi Minh City Development Policy Operation - 2

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Closed

The development objectives of the Second Ho Chi Minh City Development Policy Operation in Vietnam support HCMC to strengthen institutional foundations for sustainable urban development. Specifically, the development objectives contribute to: (i) Integrated and transparent spatial information for urban management; (ii) Strengthened management of public assets and liabilities; and (iii) Enhanced delivery of priority municipal services. It includes economically necessary but politically challenging reforms, such as tariff reforms for drainage and wastewater services to ensure their financial sustainability and addresses internal fragmentation and coordination failures in several policy areas that require integrated, cross-sectoral solutions. Pillar 1 enhances operational integration of key spatial information systems, which underpin more integrated and evidence-based urban planning and management—a key condition for ensuring an efficient spatial footprint of the city. Pillar 2 supports more effective management of the City’s fiscal assets and liabilities, which is expected to enhance returns on and fiscal sustainability of municipal assets while ensuring prudent management of rising public debt and contingent liabilities. Pillar 3 supports the more efficient delivery of priority public services in public transport and business registration, which are critical enablers of enhanced competitiveness and wellbeing in the city.

World Bank Group

Project

Mass Transit, Water Supply and Storage, Waste Processing and Treatment, Government