The second phase of a poverty reduction project in the northern province of Dien Bien began implementation in 4 districts including Muong Anh, Muong Cha, Dien Bien Dong and Tua Chua on November 12.
The total invested capital for the project is US$20 million, of which US$17 million is borrowed from the World Bank (WB).
It aims to improve the living standards of the local people through access to infrastructure for production and strengthening the capacity of local authorities.
The project targets to reduce the number of impoverished households in the province from 56 percent to 30 percent by 2015 and hopes to play a vital part in the provincial socio-economic development plan in the next five years.
Ta Xuan Truong, Deputy Head of the project’s Management Board, said that the Management Board will disseminate information of the activities of the project to the grass root level to effectively implement the project.