Dong Nai to mobilise 8 billion USD for new-style countryside development this year

The southern province of Dong Nai plans to mobilise over 210 trillion VND (8.27 billion USD) in 2025 for the building of new-style rural areas.
Dong Nai eyes over 8 billion USD for new-style countryside development in 2025
Model new-style rural appearance in Xuan Dinh commune, Xuan Loc district, Dong Nai province. (Source: VNA)

Of this amount, the public investment allocated for rural areas will be over 2 trillion VND, districts' budgets over 3.62 trillion VND, and businesses' capital 45 trillion VND. Meanwhile, 152 trillion VND will come from credit capital, and contributions mobilised from the local community will amount to 8.1 trillion VND.

The provincial People's Committee stated that it will implement concerted solutions to mobilise capital, ensuring that funds are raised fully and quickly in accordance with regulations.

The province will maximise local resources, prioritise the allocation of state budget funds for disadvantaged areas to help narrow the gap in new-style countryside development among localities, and encourage more developed localities to support disadvantaged ones to accelerate the progress of rural development.

In addition, Dong Nai will optimise funding from the three national target programmes and other projects for rural areas, continue to effectively implement credit policies for investment in agriculture and rural areas, supplement capital for the cooperative support fund system and maximise resources from this system.

It is striving for an additional eight communes meeting the advanced new-style rural area standards, four meeting the model ones, and three districts completing the dossiers seeking the Ministry of Agriculture and Rural Development's recognition as advanced new-style rural areas in 2025.

Last year, the province mobilised 179.1 trillion VND for the new-style countryside building programme, and continued to be among the best performers nationwide in developing advanced new-style rural areas, with 106 out of 116 communes now meeting the advanced standards.

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(Source: VNA)