Society

More investments poured into Central Highlands

More than 62.1 trillion VND (2.73 billion USD) will be poured into the Central Highlands from 2016 -2020, including over 55.67 trillion VND (2.45 billion USD) from the State budget.
More investments poured into Central Highlands ảnh 1A section of Ho Chi Minh Road through the Central Highlands (Photo: VNA)

DakLak (VNA) – More than 62.1 trillion VND (2.73 billion USD) will bepoured into the Central Highlands from 2016 -2020, including over 55.67trillion VND (2.45 billion USD) from the State budget, up 1.43 percent from theprevious five-year period, according to the Steering Committee for the CentralHighlands region.

Theregion’s budget capital exceeded 27.2 trillion VND (1.2 billion USD),accounting for 49.4 percent of the total State investment. In the 2011-2015period, the local budget capital only accounted for 32.5 percent of the total.

Theinvestment will be spent on completing regional transport projects,particularly seven national highways linking south central coastal provincesand Central Highlands provinces.

TheCentral Highlands will also prioritise the capital to agriculturalrestructuring in tandem with the development of irrigation works, climatechange response, and policies on farming land and water for poor ethnicminority people in the region.

Financialpriorities will be given to accelerating the construction of large-scaleirrigation works, including Krong Pak Thuong, Ea H’leo 1, Ea Tam reservoirs inDak Lak; Nam Xuan, Gia Nghia lakes in Dak Nong; the H’Drai irrigation complexin Kon Tum; and Da Xi lake in Lam Dong.

Theworks are expected to help ensure water supply for additional 36,000 hectaresin the region in dry season.

Theregion will earmark its funding for upgrades to schools, hospitals at all levels,particularly in ethnic minority areas.

Theinvestment will also fund the national target programmes such as sustainablepoverty reduction, new-style rural area building in a bid to improve locals’living conditions.-VNA
VNA
#Central Highlands #State budget #agricultural restructuring #ethnic minority areas
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