Over 11 trillion VND for 2009 agricultural investments

The Ministry of Agriculture and Rural Development (MARD) reported that over 11 trillion VND in total is needed for investments in agricultural development for 2009.

MARD said it plans to raise almost 4 trillion VND from domestic sources, over 3 trillion VND in foreign investments and another 4 trillion VND from the issuance of Government bonds.

The money is scheduled to be invested in upgrading dyke systems and building dams and dykes against flooding as well as reservoirs to fight droughts in the Red river delta. Projects subject to the investment scheme are to help shift production structure and irrigation projects in service of aquaculture and salt production.

VNA

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