GMS Tourism Infrastructure for Inclusive Growth (Loan - Viet Nam)

Details

Project 46293-005
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Type Loan
Sector Industry and Trade
Country Viet Nam
Start 2014
End 2020
Status Ongoing
Last Edited 05 Jul 2021

Funding

US$('000) 55,080

Project Description

The project will remove physical and capacity constraints impeding tourism development in Dien Bien, Ha Tinh, Kien Giang, Lao Cai, and Tay Ninh, five provinces situated within GMS corridors. It will contribute to the creation of 85,000 tourism-related jobs in Viet Nam by (i) paving 45 kilometers of rural roads to open new areas for private tourism investment, and improve access to markets and social services for about 30,000 residents; (ii) improving environmental services in areas important for cross-border tourism to reduce public health hazards for 21,000 residents and 8.8 million annual visitors beginning in 2019; and (iii) facilitating business support services and access to microfinance for at least 560 micro-, small, and medium-sized enterprises. The project will strengthen regional cooperation and integration by implementing harmonized regional tourism standards, promoting multicountry tour circuits, and supporting structured policy dialogue to reduce nonphysical barriers to travel. The project investment plan is in line with the GMS Tourism Sector Strategy and the government-s Strategy for Tourism Development in Viet Nam until 2020, Vision to 2030.




Progress (as of March 2021)

Ongoing. All 8 civil works contracts awarded (road improvements, wastewater treatment, market facilities), 3 completed and 5 ongoing. Tourism planning and capacity building activities generally on-track, with reduced scope Project to be extended to June 2021.

Contacts

Contact 1
Contact Name Nguyen, Giang T.
Organization SERD/ADB
Email gnguyen@adb.org
Contact 2
Contact Name -
Organization -
Email -

News and Multimedia


  • Increased tourism employment for people living in underdeveloped segments of the GMS corridors in Viet Nam. Aggregate direct tourism employment in the five project provinces is 130,000 with 60% of jobs held by women by 2025.
  • Increased tourism receipts in Dien Bien, Ha Tinh, Kien Giang, Lao Cai, and Tay Ninh. Aggregate annual tourism receipts in the five project provinces equals $480 million by 2019.