WB funding to reduce poverty in Central-Central Highlands regions

WB funding to reduce poverty in Central-Central Highlands regions

A project funded by the World Bank (WB), aiming to boost poverty reduction in the Central and Central Highlands regions, was ceremoniously launched in the central province of Quang Ngai on August 29.

Speaking at the event, director of the National Project Coordination Committee Tran Ngoc Hung said the six-year project will be carried out in line with the financial assistance agreement signed between the WB’s International Development Association (IDA) and the Vietnamese Government in April 2014.

Its objective is to improve the livelihoods in low-income communities in 26 districts in the Central Highlands provinces of Dak Lak, Dak Nong, Gia Lai and Kon Tum, and the central provinces of Quang Nam and Quang Ngai, in expectation of benefitting over 540,000 people.

In addition, the project will also provide opportunities for ethnic minority groups in the Central Highlands to break away from poverty by encouraging them to get involved in socio-economic development measures run in their localities.

The project focuses on infrastructure, sustainable economic development, communications and project management.-VNA

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