Thua Thien-Hue to invest 82 mlm USD in rural industry
The central province of Thua Thien-Hue has decided to invest nearly 1.9 trillion VND (82 million USD) into a project on rural industry development through 2025.
An overview of Thua Thien-Hue (Photo: VNA)
It aims to increase industrial production value in rural areas to 13.5-15 trillion VND (562 million – 648 million USD), a 17-17.5 percent annual increase.
Eighty-five percent of the total investment will come from social sources, and the remainder from the local support fund.
The province will prioritise developing infrastructure at industrial clusters and trade villages as well as raising competitiveness for rural industrial establishments.
It will focus on developing markets for rural industrial products and material supply areas.
Localities in the province will promote their strongest industrial products such as agro-forestry-fishery and beverages, handicrafts, mechanical equipment, construction materials, garment-textiles and footwear.
