(HBO) – Hoa Binh province defined key areas for investment, considering it as an important orientation to help the agriculture sector effectively develop agricultural expansion encouragement activities over the past 25 years. This is also a drastic direction of the provincial People’s Committee when it approved the "major agricultural expansion encouragement during 2016-2020” project.
Photo: Staff of the provincial Agricultural Expansion Encouragement Centre instruct farmers in Vinh Tien commune, Kim Boi district, how to mix raw food to improve the efficiency of local husbandry farming.
Under the agricultural expansion encouragement project for the 2016-2020 period which is carried out at a total cost of some 200 billion VND, the Department of Agriculture and Rural Development recommended the provincial People’s Committee to pay due attention to prioritised projects, making investment in the sector become a driving force in each production fields.
Investment capital has been injected into five programmes, including citrus tree development, safe vegetable cultivation, soil improvement, enhancing quality of sugarcanes and seedling production.
Regarding the husbandry sector, developing local cattle and poultry in companion with building brands, developing intensive farming of grazing livestock, and developing beekeeping farms are three prioritised projects.
Meanwhile, the province has given priority to expanding aquaculture in reservoirs. For the forestry sector, advanced technologies in varieties and production techniques will be applied to expand farming areas of large-scale forest and non-timber forest products.
Since its establishment, the local Agricultural Expansion Encouragement Centre has built more than 2,000 farms using high technologies, organised over 15,000 training courses for nearly 400,000 cadres and farmers. In addition, over 700 fact-finding tours and seminars were held, drawing the participation of some 10,000 people. The centre has also accelerated communication on the mass media./.
In the first quarter of 2024, the credit institutions in the province have actively deployed the legal documents of the State and the State Bank relating to currency, credit and interest rates. At the same time, they have promoted the capital mobilization, focusing on the solutions to expand the credit investment along with strengthening the credit quality management, lending to priority programs to promptly meet the capital needs for export - business and consumer demand during Tet in 2024.
Outside the key economic region of Hoa Binh, yet Lac Son district has utilised its potential and strengths regarding labour, land, and transportation connectivity to attract investment to the locality, contributing to promoting socio-economic development.
In a move to expedite the execution and disbursement of the 2024 capital plan for ODA projects, aiming for a disbursement rate of over 90% of the allocated funding, the Hoa Binh People's Committee issued Document No. 483/UBND-KTN on April 3, 2024, regarding such efforts.
Nguyen Van Thap from Kim Duc hamlet, Vinh Tien commune, Kim Boi district, has built the brand of Hoa Qua Son for local fruits. His efforts have brought about income for his family and generated job opportunities for locals, helping hundreds of households escape from poverty.
The Hoa Binh administration was entrusted by the Prime Minister with a budget of 3.43 trillion VND (142.91 million USD) for investment in 2024. The provincial People's Council approved nearly 3.76 trillion VND, which has been meticulously allocated to projects, achieving 100% of the assigned capital plan.
Hoa Binh province has mobilised all resources to propel local agricultural products to make inroads into foreign markets, towards lifting the export turnover of key agricultural products to 137.8 million USD by 2030, accounting for 3.4% of the locality’s total export value of goods.
The locality aims to export farm produce to the US, the European Union, the UK, China, Japan, and the Republic of Korea.
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