The company was established to implement investment in the Xuan Mai Water Supply System Construction Investment Project - Components of raw water intake, raw water pumping station, raw water transmission pipelines, water treatment plant (WTP), intermediate storage tanks, and clear water transmission pipelines at Lam Son commune, Luong Son District, and Mong Hoa Commune, Trung Minh District, Hoa Binh City, Hoa Binh Province (the Project).
The project aims to achieve the following objectives:
- To supplement treated water sources for the whole city, especially for the northern areas (Ha Dong District, part of Thanh Xuan District, Nam Tu Liem District, Hoai Duc District), the South (Thuong Tin District, Phu Xuyen District), the West and Southwest areas (Thanh Oai District, Chuong My District, My Duc District, Ung Hoa District); supplement the area of old urban districts that are currently lacking water, contributing to the overall goal of the city to reach 100% of the population to have access to treated water for the period by 2025.
- To increase the rationality of the structure of the water supply system for the whole of Hanoi in order to ensure efficient water supply and safe water supply for the capital.
- To support and connect with other large-scale water supply systems to minimize adverse effects when one of the large-capacity water supply systems fails.
- To contribute to improving the living conditions of people, promoting the economic and social development of Hanoi City, Hoa Binh Province in general, and the project areas in particular.
This Green Bond Framework is developed by Xuan Mai – Hoa Binh Ltd,. Co to ensure transparency, disclosure, and integrity in the issuance of green bonds to support the Company’s sustainability objectives.
This framework complies with and corresponds to the Socialist Republic of Vietnam’s policies and is aligned with the Green Bond Principles June 2021 (with June 2022 Appendix 1) of the International Capital Market Association (ICMA), and consists of the following core components:
- Use of proceeds
- Process for project evaluation and selection
- Management of proceeds
- Reporting, and
- External review
Please find the link bellows to dowloand full Green bond framework
