The People’s Committee of the southern province of Tay Ninh has allocated 44 billion VND (2.1 million USD) worth of government bond capital to 20 impoverished border communes under the National Target Programme on New Rural Development.

Of the total capital, the province has allotted 28 billion VND (1.3 million USD) for 12 border communes in Tan Bien, Tan Chau, Chau Thanh, Ben Cau, and Trang Bang district worth 2 billion VND (95,000 USD) each.

Long Khanh commune in Ben Cau district has received 6 billion VND (285,700 USD) as a 2015 focus commune to build a new-style rural area. The remaining funding will be distributed to 7 other border communes.

In an attempt to maximise the use of the government bond- sourced capital, the provincial People’s Committee has requested authorised bodies to examine projects and speed up implementation of investment categories in accordance with regulations.

In 2014, six Tay Ninh communes were recognised as new rural communes.

The province targets 11 additional new rural development communes by the end of this year.

The National Target Programme on New Rural Development, launched in 2010, sets 19 criteria for new-style rural areas, covering infrastructure, production, living standards, income and culture, among others.-VNA