US$3.34 Billion ODA for Agriculture and Rural Development

Total official development assistance (ODA) capital for agriculture and rural development and poverty reduction in the 2006-2010 period reached more than US$3.34 billion.

 

Of the figure, US$ 2.65 billion has been disbursed, 21.76 percent of total national ODA disbursement.

 

They are the initial results of a project on attracting, managing and using ODA capital and preferential loans in the 2011-2015 period, which has been approved by the Prime Minister.

 

Although the capital is much lower than the target set in the project, it has helped modernise rural infrastructure by developing rural electricity grids, rural transport systems, schools, medical centres, hospitals, irrigation projects, water supply and environmental sanitation networks.

 

It has also supported the development of agriculture, forestry, and fisheries, accelerating poverty reduction and promoting farming and husbandry technology transfer for the application of clean technologies to improve product quality and food safety.

 

ODA capital has also contributed to poverty reduction for people in rural areas, helping Vietnam meet the UN millennium development goals toward reducing the household poverty rate by 50 percent by 2015.