HCMC – The People’s Committee of Ben Tre Province in the Mekong Delta, in collaboration with the International Fund for Agricultural Development (IFAD), kicked off a program on smart agricultural transformation worth US$27 million today, January 11.
According to the Vietnam News Agency, the program is slated to run until 2027, supporting around 25,000 local low-income households in response to climate change.
As part of the project, the provincial government encourages the growth of the agricultural value chain by strengthening regional connectivity, enlarging markets and reducing the climate vulnerability of local farmers.
The project is funded with a loan of US$17 million from IFAD, and gratis aid of US$4.5 million. The remaining funding will come from the provincial budget and other sources.
Local authorities will prioritize bolstering climate adaptation capacity and boosting collaborative efforts between farmers, enterprises and agencies, according to Nguyen Truc Son, vice chairman of the provincial People’s Committee.
Son said the province of Ben Tre plans to improve agricultural practices and increase the use of technology to promote local products and achieve long-term development.
