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PM ratifies a master plan for developing agricultural sector
The Prime Minister has approved a master pan for developing the agricultural sector until 2020 with a vision for 2030.
Accordingly, in the ten-year period, the agro-forestry-fisheries sector aims to earn US$40 billion from exports, of which agricultural products are expected to reach US$22 billion, forestry products US$7 billion, seafood products US$11 billion.
With a vision for 2030, the export turnover of the agro-forestry-fisheries sector will increase to US$60 billion, including US$30 billion from farm produce, US$10 billion from forestry products, and US$20 billion from seafood.
The agro-forestry-fisheries sector will achieve an average GDP growth rate of 3.5-4 percent per year with the production value increasing by 4.3-4.7 percent and forest coverage by 44-45 percent by 2020.
To achieve these goals, more land will be reclaimed and allocated for the sector to reach the target of 1.1 million hectares in ten years time.
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