Vietnam

The project Preparation Technical Assistance Facility Project (PPTAF) for Vietnam will provide funding and management support for a financing facility to be utilized... Show More + by ministries, government-owned entities, provinces, and municipalities for the preparation of sub-projects that are priority national investments, and are intended to be financed by the Bank. The project will have no direct adverse environmental and/or social impacts, but it will fund the preparation of sub-projects that will become future Bank lending operations that will likely have adverse environmental and social impacts. Safeguard instruments under these future lending operations will be reviewed and cleared by the Bank in the context of their own project cycles. For this purpose, this facility will have suitable processes and adequate resources to: (i) screen all subprojects for any potential socio-environmental impacts and determine the environmental category, and (ii) prepare the required safeguard instruments so that all applicable Bank safeguard policies will be complied with. Show Less -