Vietnam Hanoi Seeks $5.1B for Solid Waste Treatment by 2030

Vietnam’s capital city of Hanoi will need an estimated VND107 trillion ($5.05 billion) for solid waste treatment in the 2013-2020 period, a vision to 2030, under a plan on solid waste treatment. Funding is likely to come from the state budget, official development assistance funds and private firms. Under the plan, Hanoi will build 13 solid waste treatment zones, seven landfills for construction debris and mud waste and six solid waste transits. The city has set a target of treating 4,650 tons of waste per day, meeting 86.36% of its demand in the next two years. Solid waste is one of the factors causing severe pollution in Hanoi as it is often dumped into lakes and ponds and sewers, damaging the city drainage system and environment, and threatening human health. Nearly 5,000 tons of solid waste is being discharged in Hanoi everyday. The Korea International Cooperation Agency (KOICA) has pledged to grant $1.5 million to help improve research capacity in waste recycling technology for Hanoi until 2015 under a signed agreement. (http://gafin.vn Sept 16)