Nearly 18 trillion VND to aid Mekong Delta’s climate change response: Deputy Minister
WVR/VNA - On August 12, Deputy Minister of Agriculture and Rural Development Nguyen Hoang Hiep chaired a meeting on the progress of the World Bank-funded Mekong Delta Climate Resilience and Integrated Transformation Project (MERIT – WB11), which costs more than 17.75 trillion VND (approximately 741 million USD).
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| Nearly 18 trillion VND to aid Mekong Delta’s climate change response: At the meeting held in the Mekong Delta city of Can Tho on August 12, 2024. (Photo: VNA) |
According to the Ministry of Agriculture and Rural Development (MARD)'s Central Project Office, MERIT – WB11 will be implemented in the provinces of Dong Thap, Tien Giang, Ben Tre, Kien Giang, Bac Lieu, Hau Giang, Soc Trang, Tra Vinh, Ca Mau, and An Giang, aiming to enhance climate resilience in their agricultural production and rural communities.
The funding is the combination of a loan (over 13.09 trillion VND), counterpart funds (over 4.28 trillion VND), and aid.
It is focusing on implementing both structural and non-structural solutions to address issues, and improve and develop key product chains, thus increasing income for local residents. Additionally, it will step up the switch from fragmented, small-scale development to a more centralised model, while fostering the growth of agriculture-based economic clusters linked to urbanised, industrialised, and tourism areas. This shift is expected to create more jobs and generate higher incomes for labourers.
In March, the Prime Minister approved the project proposal. Currently, the MARD is in the process of collecting data and conducting preliminary research for a pre-feasibility study report, aiming for approval in October.
On August 7, the Government Office issued a statement summarising Deputy PM Tran Luu Quang's conclusions, with the Ministry of Planning and Investment tasked with coordinating with MARD to review feedback from the Ministry of Natural Resources and Environment (MONRE). This review aims to ensure that the MERIT projects in the 10 provinces align with sustainable development and climate adaptation criteria for the Mekong Delta. The results are to be submitted to the Ministry of Finance by August 15.
According to Nguyen Tuan Quang, Deputy Director of MONRE’s climate change department, its review shows that the provincial projects generally meet the set criteria.
At the meeting, Deputy Minister Hiep urged the target localities to submit documents in response to the conclusions, confirming their commitment to ensuring the criteria, as well as the total investment and their ability to allocate counterpart funds.
The Deputy Minister also stressed the importance of expediting preparations to ensure that the MARD and provincial projects follow commitments with the World Bank as planned in 2025.
Vice Chairman of the Bac Lieu People’s Committee Huynh Huu Tri underscored the necessity of the MERIT projects for the delta provinces in addressing climate change, managing water resources, combating saltwater intrusion, transitioning agricultural models, and ensuring livelihoods. Bac Lieu is set to implement three components related to 34 saltwater intrusion control gates, targeting a closed irrigation system for multiple purposes, including agricultural production.
Similarly, Vice Chairman of the Soc Trang People’s Committee Vuong Quoc Nam noted that the project will fund the province’s construction of two boat locks, which will help the province better manage saltwater intrusion and complete its water control system.
(Source: WVR/VNA)
