The US$524 million project is in fact part of the second phase of the HCMC Environmental Sanitation Project, which began in 2001. The bank will provide $450 million and the rest will come from the city. Work will begin next year on the sewage treatment plant with a capacity of 480,000 cubic meters per day .
Also to be built is an integrated sewer system to collect sewage from District 2 and the Nhieu Loc-Thi Nghe Canal Basin in Districts 1,3, 10, Phu Nhuan, Tan Binh, Binh Thanh and Go Vap, and take it to the plant for treatment instead of being dumped into the Saigon River. The work is expected to finish in 2019.
The HCMC Environmental Sanitation Project, which included dredging of the Nhieu Loc-Thi Nghe Canal, finally finished last year after much delay.