Headlines 29/12/2020 09:30 SA

Objects receive agricultural investment priority

Kim Huệ

Ministry of Agriculture and Rural Development issues the Decision No. 5227/QĐ-BNN-KH on approval of the Plan for promotion of agricultural and rural investments for the 2021-2025 period.

The Decision prescribes objects prioritized for investments during this period, including:

- Encouraging major groups, enterprises, FDI enterprises to invest in the development of key national and provincial agricultural produce.

+ Gathering investments in regional inter-sectoral clusters associated with concentrated and large-scale agricultural production areas.  

+ Developing regional agricultural service centers, such as scientific and technological research and transfer, financial, trading and logistics centers.   

- Prioritizing investments of small and medium enterprises in the development of products having local advantages, gathering investments in provincial inter-sectoral clusters associated with concentrated material supply areas;

Investing in cooperation with cooperatives, alliances of cooperatives and farms, farmer’s business households on the manufacturing, processing and consumption of agricultural produce in value chains.

- Promoting startup enterprises, cooperatives, business households that invest in local specialty commodities according to the “one trade village, one particular product” model.

The Decision No. 5227/QĐ-BNN-KH is entering into force as of December 24, 2020.

>> CLICK HERE TO READ THE ARTICLE IN VIETNAMESE

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