Over 9 trillion VND needed for protection and exploitation of aquatic resources

The Ministry of Agriculture and Rural Development (MARD) estimates that it needs about 9.035 trillion VND (382.02 million USD) to carry out the planning on protection and exploitation of aquatic resources for 2021 – 2030, with a vision to 2050.
Over 9 trillion VND needed for protection and exploitation of aquatic resources ảnh 1Deputy Prime Minister Tran Luu Quang speaks at the meeting. (Photo: baochinhphu.vn)
Hanoi (VNA) – The Ministry of Agriculture and RuralDevelopment (MARD) estimates that it needs about 9.035 trillionVND (382.02 million USD) to carry out the planning on protection andexploitation of aquatic resources for 2021 – 2030, with a vision to 2050.

The information was unveiled at a meeting of the council for the appraisal of the planning, which took place in Hanoi on July 18 and was chairedby Deputy Prime Minister and chairman of the council Tran Luu Quang.

Of the estimated cost, the central budget is set to accountfor nearly 21%, local funds make up 24.5%, and funds mobilised from other sources, 54.6%.

In the 2021-2025 period, the required capital isapproximately 1.25 trillion VND, accounting for 13.8% of the total, with theremainder earmarked for 2026-2030.

The planning is developed in the context of the rapiddepletion of marine ecosystems and aquatic resources in coastal and inlandareas due to excessive exploitation and even destruction. Its objective is toprotect, conserve, and develop aquatic resources in various aquatic areas andpreserve marine biodiversity.

Among its many targets, by 2030, 27 marine conservation areas will be established and effectively operating, with a total area ofapproximately 454,676ha designated as protected marine areas.

Concluding the meeting, Quang emphasised that restoring order in the exploitation of aquatic resources in the next two to three decades is achallenging task. This is due to the depleted aquatic resources, the largenumber of fishing vessels, and the fact that fishing is a traditionaloccupation for many people.

The Deputy PM requested that the planning scheme must include a list ofprojects arranged in order of priority and with more specific details. Hestressed the need to clearly identify the capacity for capital mobilisation duringthe 2021-2025 period to ensure feasibility immediately after the document isofficially approved./.
VNA

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