According to AMD’s provincial coordination board, nearly29 billion VND of the amount comes in the form of non-refundable aid from theInternational Fund for Agricultural Development (IFAD) and nearly 58 billion VNDis sourced by IFAD loans, while the provincial budget pays more than 21 billionVND.
Head of the provincial project management board HuynhNghia Tho said the project will focus on developing sustainable livelihoodsthrough vocational training and multiplying sustainable agricultural productionmodels in the context of increasing salt intrusion and drought.
Last year, the AMD disbursed more than 180 billion VND for itsactivities in Tra Vinh. As a result, 15 production models were built with theengagement of 113 households. Some models produced high economic value, such asthe farming of shrimp and tilapia in Don Chau Commune, Duyen Hai District whichbrought more than 500 million VND (22,000 USD) in profit per hectare.
The AMD programme in Tra Vinh is being implemented in 30 communes between2014 and 2020, benefiting around 15,000 poor and near-poor households.
The total budget is 521 billion VND (23.1 million USD), with 233.5billion VND (around 10.3 million USD) sourced by loans from IFAD, 126.5 billionVND (over 5.6 million USD) in IFAD non-refundable grant and 79.5 billion VND(over 3.5 million USD) coming from the State budget. Beneficiaries shoulderaround 81.5 billion VND (3.6 million USD).
Its main objective is to develop sustainable livelihoods for the ruralpoor in the face of changing climate and to enhance the target communities’capacities to adapt to climate change.-VNA