Businesses must be responsible for investing warehouse infrastructure

Minister of Planning and Investment Nguyen Chi Dung expressed his opinion that businesses must take responsibility to invest in warehouse infrastructure and processing facilities. 
Businesses must be responsible for investing warehouse infrastructure ảnh 1 Minister of Planning and Investment Nguyen Chi Dung
If businesses have a good project, they will have a chance to receive a preferential loan, he answered the Sai Gon Giai Phong Newspaper's question about fruits and vegetables that cannot be exported, suffering a great loss and not receiving a priority of infrastructure investment.
Regarding to the economic recovery and development program worth nearly VND350 trillion (about US$15 billion) for the 2022-2023 period, the Minister said that the Government will provide an interest rate support of two percent for projects that meet eligibility criteria.
In 2021, the total export value of vegetables and fruits reached US$3.5 billion while the agricultural sector achieved US$48.6 billion. In the question that the relief package does not give its part in the program to the agricultural sector that has been hardly hit by the pandemic, the Minister explained the program will spend around VND5,000 billion to invest in projects of dike building to prevent landslide, stabilizing the lives of the local people in the Mekong Delta region; and supporting collectives.
The projects that have been planned and met implementation requirements of will be selected to enjoy benefits of the program and specific mechanisms, he added.

FEEDBACK

Other news

Apartment prices may rise 6-8 percent in 2025

Apartment prices may rise 6-8 percent in 2025

Primary apartment prices in Hanoi rose by 36 percent in 2024 compared to 2023, the highest increase in eight years, heard at a press conference on the real estate market held on the morning of January 8.

Average CPI of 2024 surges 3.63 percent

Average CPI of 2024 surges 3.63 percent

The average Consumer Price Index (CPI) in the fourth quarter of 2024 surged 2.87 percent over 2023 while the index of the whole year was up 3.63 percent over 2023, reaching the set target of the National Assembly.

2024 GDP growth reaches 7.09 percent

2024 GDP growth reaches 7.09 percent

The Gross Domestic Product (GDP) for Q4 2024 is estimated to have increased by 7.55 percent compared to the same period last year, continuing the trend of each quarter performing better than the previous one.

Strict action on unsafe food ensures safe Tet 2025

Strict action on unsafe food ensures safe Tet 2025

The veterinary authority has reported issuing a record number of fines for violations involving imported and unsafe food and is ramping up food safety measures for the upcoming Tet holiday.

Closing the Loop: Circular economy within reach

Closing the Loop: Circular economy within reach

Vice Chairman Ta Dinh Thi of the National Assembly's Committee on Science, Technology and Environment recently said that a circular economy is within reach while talking with SGGP reporters.