Evaluation Summary - Da Nang Development Investment Fund (DDIF) & Can Tho Development Investment Fund (CADIF) credit line

In Vietnam, for the “Financial intermediaries” formal sector, the Da Nang Development Investment Fund (DDIF) and Can Tho Development Investment Fund (CADIF) credit line was subject to an evaluation in August 2017.

The project was implemented in the context of the Vietnamese government’s strategy to encourage the decentralization of infrastructure investments to the provincial level. The project aimed at supporting territorial planning and the construction and development of public service infrastructures in two cities facing constraints and challenges: Da Nang and Can Tho. Natural risks were to be evaluated in these two cities, highly vulnerable to climate change.

The evaluation noted the project’s relevance as well as the effectiveness of its implementation. Sub-projects in the sectors of urban reorganization, health care, education, environmental protection and climate change prevention were well implemented, with a cost saving higher than 15%. Minor shortcomings affected one of the sub-projects.