An artist’s rendering shows the planned retention lake project with pedestrian walkways, green spaces, and water channels in Tay Nha Trang Ward, Khanh Hoa Province, south-central Vietnam. Image courtesy of the Khanh Hoa People's Committee
The decision, signed by provincial deputy chairman Tran Hoa Nam, revises the investment policy for the retention lake in Tay Nha Trang Ward.
Under the revised plan, more than VND321.8 billion ($12.2 million) will be used for land clearance, compensation, and resettlement, while construction costs are estimated at over VND152.5 billion ($5.8 million).
Remaining funds will cover project management, consultancy, and contingency costs under public investment regulations.
The project will be funded entirely by the provincial budget, with implementation scheduled for 2025-27.
A flooded section of 23 Thang 10 Street is seen in Tay Nha Trang Ward during severe flooding in Khanh Hoa Province, south-central Vietnam in November 2025. Photo: Nguyen Hoang / Tuoi Tre
Authorities also approved a name change for the project from the 'Northern Nha Trang Retention Lake' to the 'Tay Nha Trang Ward Retention Lake,' in line with adjustments to the city's approved zoning plan.
The Khanh Hoa Provincial Project Management Board was assigned as the project investor and will oversee implementation in accordance with current regulations.
Tay Nha Trang Ward was among areas heavily affected during recent flooding, prompting local authorities to prioritize drainage infrastructure upgrades.
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