Border area development project approved

Hanoi (VNA) – The Prime Minister has approved the contents of a project to support the development of border areas funded by the Asian Development Bank.

Its long-term goal is to tap the potential of five Vietnamese provinces in the Cambodia-Laos-Vietnam (CLV) development triangle area.

In the foreseeable future, the project is expected to improve the income of the poor, especially ethnic minorities, facilitate farm produce’s access to domestic and foreign markets while improving the capacity of planning and inter-provincial coordination.

It will also build a road corridor to facilitate sub-regional integration and growth and raise farmers and entrepreneurs’ capacity to tap their strength in agricultural production and trade.

Moreover, the project will pool and allocate resources by rallying the involvement of the private sector in the country, the region and the world, towards promoting the progress of the CLV development triangle area, particularly its master plan.

Major activities include improving road connectivity, logistical infrastructure and transport management

The six-year project will cost more than 122.1 million USD, and be mostly carried out in the Central Highlands provinces of Dak Lak, Kon Tum, Gia Lai and Dak Nong and the southern province of Binh Phuoc.-VNA