The Asian Development Bank (ADB) and Thu Dau Mot Water Joint Stock Company (TDM) have signed a $6 million loan deal to help expand the Bau Bang water treatment plant in southern Viet Nam, according to ADB. This project aims to boost clean water supplies for Ho Chi Minh City’s rapidly growing northern areas, including parts of Binh Duong and Thu Dau Mot.
With support from the Japan International Cooperation Agency, which is providing another $6 million, the loan will help increase the plant’s daily capacity from 30,000 to 80,000 cubic meters. The goal is to deliver safe water to more homes, businesses, and factories in the region.
ADB’s Country Director for Viet Nam, Shantanu Chakraborty, said the plant’s expansion is crucial for people living and working in the area, as well as for businesses thinking about investing there.
“The project will help support local economic growth, create jobs, and draw in more investors,” he said.
This effort is part of Viet Nam’s push to move government services into the private sector to boost efficiency and lower public debt. ADB is supporting this transition, helping TDM operate more like a private utility.
TDM will also get extra training and technical help from ADB’s Water Organization Partnership for Resilience Program. Staff will receive training in water ecology, smart energy, and climate-friendly operations, in partnership with Korea Water Resource Corporation.
TDM’s general director, Tran The Hung, said the company is committed to reliable water service and sustainable growth in the region. Working with ADB will provide longer-term financing and help the company handle environmental and climate challenges better.
