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Blog > Mekong Deta > Proposed investment of nearly 9,000 billion VND to grow high-quality rice in the West
Mekong Deta

Proposed investment of nearly 9,000 billion VND to grow high-quality rice in the West

nhanongen
Last updated: 04/06/2024 10:44 PM
By nhanongen
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Irrigation systems, inter-regional transportation, logistics and mechanization with a total cost of 375 million USD (nearly 9,000 billion VND) are proposed to be invested in growing low-emission, high-quality rice.

The project to support technical infrastructure for low-carbon rice in the Mekong Delta proposed by the Ministry of Agriculture and Rural Development was presented at a consultation conference in Can Tho, March 19. Of the total capital, there are 360 ​​million USD borrowed from the World Bank and 15 million USD in counterpart capital from Vietnam.

Mr. Nguyen The Hinh, Deputy Manager of Agricultural Projects under the Ministry of Agriculture and Rural Development, said the project aims to serve the Government’s project of one million hectares of high-quality and low-emission rice cultivation area. .

Hau Giang farmers take care of rice.  Photo: An Binh

Hau Giang farmers take care of rice. Image: Peaceful

The project will be implemented in the period 2026-2031 in 12 Western provinces and cities including: An Giang, Kien Giang, Dong Thap, Long An, Soc Trang, Can Tho, Bac Lieu, Tra Vinh, Hau Giang, Ca Mau, Tien Giang and Vinh Long.

“The project’s goal is to promote low-carbon, high-quality rice production in the West,” Mr. Hinh said, adding that the results will be measured through indicators such as increased productivity, rice output, and revenue. Farmers’ income, greenhouse gas reduction and carbon credit payments…

Speaking at the conference, Deputy Minister of Agriculture and Rural Development Tran Thanh Nam said this is an important basic project to implement the one million hectares of rice project. In particular, the project focuses on 4 key issues including: irrigation system, inter-regional transportation, logistics and synchronous mechanization.

Project for Sustainable Development of one million hectares specializing in high-quality and low-emission rice cultivation associated with green growth in the Mekong Delta until 2030, approved by the Prime Minister at the end of 2023. The project aims for sustainable development Vietnam’s rice industry and farmers’ income, adapting to climate change, reducing greenhouse emissions, contributing to the implementation of international commitments.

By 2025, 12 provinces and cities in the region will grow 180,000 hectares of low-emission rice and pilot carbon credits for areas that meet standards. By 2030, the region will expand to 820,000 hectares of low-carbon rice…

Currently, each year the West produces 24-25 million tons of rice, accounting for more than 50% of rice output and over 90% of the country’s rice exports.

Peaceful



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