July 27, 2022

 

Loans provided for new aquaculture project in Mekong Delta, Vietnam


 

The International Bank for Reconstruction and Development (IBRD) and the World Bank have agreed to provide loans for a new 5,500 hectare aquaculture project in Vietnam's Mekong Delta.

 

Due to take place in Hòn Đất district of Kiên Giang province in 2023–2026, the project is budgeted to cost ₫624 billion (US$26.6 million) – enough to provide infrastructure like irrigation works, roads and power supply systems.

 

The project is set to include shrimp/rice farming and production of giant river prawns.

 

According to Viet Nam News, Kiên Giang province is aiming for its aquaculture sector to annually produce 484,800 tonnes of seafood by 2030.

 

- The Fish Site

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