Mekong Delta needs US$5.3b in public investment

Tuesday, Nov 14, 2017 11:09

Tourists in Phu Quoc Island, Kien Giang Province. The Mekong Delta region needs an investment of VND120 trillion for the green growth by 2025. — Photo

The Mekong Delta region needs an investment of VND120 trillion (US$5.3 billion) for the green growth from 2016 to 2025, the Ministry of Planning and Investment (MPI) said.

The investment will be used to implement the action plan on green growth in five Mekong Delta provinces of Ca Mau, Bac Lieu, Soc Trang, Kien Giang and Hau Giang, changing the Mekong Delta into a region of strong economic development, social progress and a diversified ecosystem.

Under the plan, those provinces will focus on high linkage and sustainability in development of the region, including increase of environmental sustainability and protection of diversified ecosystems.

The infrastructure for the Mekong Delta region in general and those five provinces in the plan in particular will be built and adjusted to adapt to climate change in the near future.

Pham Hoang Mai, director general of the Department of Science, Education, Natural Resources and Environment under the MPI, said those provinces must have synchronous solutions to implement this plan.

There are four groups of solutions, including three groups relating to green growth. They are reduction of greenhouse gas emissions, greening of production and greening of consumer lifestyle. — VNS

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