WB and IBRD granted nearly $27 million for the rice-shrimp project

(VAN) WB and IBRD have agreed to provide a loan for a 5,500ha shrimp-rice farming project in the Mekong Delta.

Mekong Delta: Sand and gravel mining increases risks of landslide

Sand is key to maintaining coastline, morphological stability of Mekong Delta estuaries

Hub for Mekong Delta agricultural development to be set up in Can Tho

The Mekong Delta has shifted its basis in rice production

Harvest of shrimp along with rice in the Mekong Delta of Vietnam.

Accordingly, the World Bank (WB) and the International Bank for Reconstruction and Development (IBRD) have agreed to provide a loan for the combined rice and shrimp farming project. The project is expected to be implemented in Hon Dat district, Kien Giang province from 2023 to 2026. The project has a total cost of $26.6 million, equivalent to VND624 billion - enough to complete infrastructure such as irrigation, roads, and power supply systems.

The project is set up to include shrimp farming combined with rice farming and the production of giant freshwater shrimp, to realize Kien Giang province's goal of bringing the aquaculture industry to an annual output of 484,800 tons of seafood by 2030.

Author: Kim Long

Translated by Hoang Duy

Related news

AgriS - IFC join hands to develop a sustainable agricultural value chain

Investments

(VAN) TTC AgriS and IFC signed a strategic partnership to develop a sustainable agricultural value chain, aiming to achieve the Net Zero target by 2035.

Deep processing of seafood by-products: A new growth driver

Investments

(VAN) Seafood by-products are opening a new path, combining green growth and technological innovation to enhance the industry's value.

From barren sloping lands to agricultural export flights

Investments

(VAN) Mr. Nguyen Thanh Cong, Vice Chairman of the Son La Provincial People's Committee, reflects on Son La’s journey from barren hills to fruitful orchards after a decade of hard work.

Tackling water scarcity requires speed, scale and determination

Investments

(VAN) FAO’s Director-General addresses the 5th Baghdad International Water Conference.

3 pillars helping Vietnam's coconut industry conquer the global market

Investments

(VAN) Chain linkages, technological innovation, and raw material zoning are three strategic pillars for the coconut industry to strongly develop and elevate its position on the global agricultural map.

Advanced mariculture – an inevitable trend: [4] Accompanied by scientists

Investments

(VAN) According to Assoc. Prof. Dr. Vo Van Nha, Director of the RIA III, the development of advanced offshore mariculture is no longer an option but an essential path for Vietnam’s fisheries sector.

Developing internationally standardized mollusk farming areas to increase export value

Investments

(VAN) Vietnam is intensifying the development of mollusk farming areas that meet international standards, aiming for sustainable growth and enhancing its export position in the global seafood market.