Set as Homepage    Add Favorites

ADB provides US$108 million for rural infrastructure
Date: 10/27/2010 8:57:44 AM
HCMC –The Asian Development Bank (ADB) on Monday approved a US$108 million assistance package to upgrade rural roads and irrigation systems in some of Vietnam’s poorest areas.

The regional lender said in a statement that the assistance targeted 15 mountainous provinces with high poverty levels in northern Vietnam. The project will support the upgrade of 600 kilometers of rural roads, and better irrigation for 12,400 hectares of farmland.  

“This project will help farming communities boost their rice yield by 25%, and make it possible for them to respond to market demands and diversify to more profitable crops,” David Salter, rural development specialist in ADB’s Southeast Asia Department, said in the statement.  

“Travel time, effort and costs will be reduced by an average of 55% while transport reliability will be increased enabling farmers strategic marketing options.”

While Vietnam’s has three million hectares of farmland equipped with irrigation facilities, one million hectares of this land is not currently being irrigated. Many irrigation schemes are in need of rehabilitation, and one-third of the country’s 50,000 kilometers of irrigation canals are not lined, resulting in significant water loss.  

“Improved irrigation and water management is critical for Vietnam’s food security, particularly in the face of rising food demands and the worsening effects of climate change,” said Salter.  

In the country’s northern mountainous areas, less than 10% of roads are paved at the moment, while distances to social services are greater than the national average. The ADB-supported project will also upgrade ten rural commune markets to bolster local commerce.

(Source:By Thu Nguyet - The Saigon Times Daily)
   Other news
Homepage | News | Search | Comparison| Terms Of Use | Contact | User

INDOCHINA INTERNATIONAL CONSULTING CO., LTD
HO Add: 62L/36 Nguyên Hồng, Ward 11, Bình Thạnh District, HCMC - Vietnam
Biz Office Add: #48 Road No 11, Quarter 6, Hiệp Binh Chánh Ward, Thủ Đức, HCMC - Vietnam
®Source: http://viipip.com should be clearly quoted for any use of information extracted from our website.
Publication permit No: 60/GP-TTĐT , April 05, 2010.