WB Offers VND4 Trillion for Mekong Delta’s Development

The World Bank (WB) will grant about VND4,000 billion (US$240 million) for sustainable agricultural development in the Mekong Delta, said Severin Kodderritzsch, coordinator of the WB program for rural development and natural resources management in Viet Nam.

Farmers working on a field in the Mekong Delta

The decision was announced at a seminar held in Can Tho province on Friday by the Ministry of Agriculture and Rural Development (MARD) and the WB Office in Viet Nam.

The seminar's agenda was centered on solutions to the modernization of agricultural production in the Delta.

The grant, to be disbursed under the said program, will help the Mekong Delta ensure food security which is expected to be affected by the global climate change, including a forecast rise in sea water in the area, the seminar was told.

Speaking at the seminar, Mr. Vu Cao Minh, head of the Bureau of Planning and Investment under MARD, said the ministry and the WB office in Viet Nam will make a detailed plan for using the grant and submit it to the government for approval.

The plan should focus on irrigation, sea embankments, seed production, technology transfer, vocational training, human resource development, agricultural mechanization and effective use of the water source from the Mekong River, said representatives of provinces, agencies and universities at the seminar.

By Binh Dai - Translated by Truc Thinh

Other news