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WB-funded Sustainable Agriculture Transformation project approved

The Prime Minister has approved the Sustainable Agriculture Transformation Project funded by the World Bank (WB).
The Prime Minister has approved the Sustainable Agriculture Transformation Project funded by the World Bank (WB).

The project aims to contribute to the implementation of theagricultural restructuring plan by building capacity, stimulatingorganisational development of the sector and re-organising production toincrease value added and sustainability of rice and coffee sub-sectorsin the Mekong Delta and Central Highlands region.

It contains four components: i) building capacity and stimulatingorganisational development in the Ministry of Agriculture and RuralDevelopment and its selected provincial departments, projectparticipating provinces and value chain players (including banks); ii)enhancing sustainable development in rice production; iii) enhancingsustainable development of coffee production; and iv) providingnecessary tools and training to monitor and manage the project.

Project provinces include five Central Highlands provinces and eight Mekong Delta provinces.

The project will run through 2020 at a total cost of 301 million USD,including a 250 million loan from the WB, 38.7 million USD sponsored bythe private sector and the remaining balance from the State budget.-VNA

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The official logo of resort airline Sun PhuQuoc Airways (Photo: Sun Group)

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