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Vietnam Today

Extra funding for WB livestock project

Released at: 15:31, 27/06/2015

Extra funding for WB livestock project

Project key in raising output and incomes and ensuring food safety.

by Linh San

The World Bank’s Board of Executive Directors has approved $45 million in additional financing for an ongoing project to boost livestock production and improve food safety in Vietnam.

“Livestock-keeping is especially important for poor households as it is a major source of food and a means to save and accumulate capital for Vietnamese farmers,” said Mr. Son Thanh Vo, the World Bank’s Senior Rural Development Specialist and project leader.

The Livestock Competitiveness and Food Safety Project is working to increase the production efficiency of household-based livestock producers, reduce the environmental impact of livestock production, processing and marketing, and improve food safety in livestock product supply chains.

“This additional financing will consolidate the project’s initial achievements and scale-up its original activities by expanding good animal husbandry practices to farmers in other areas of the 12 project provinces,” Mr. Son said.

The project has helped improve livestock production and incomes for households by reducing mortality rates for pigs and poultry to raise farm output and income.

It has also helped reduce fattening time for pigs and poultry and expand the size of herds and flocks to lower the costs of animal feeding, raising output and increasing returns.

The project has also contributed to food safety by helping 124 small slaughterhouses improve meat safety through inspections and testing for bacteria. In addition, it assisted 23 medium and large slaughterhouses in upgrading their meat handling and sales facilities and practices to meet national food safety standards.

The project has so far supported the upgrading of over 300 meat markets to meet sanitation and food safety standards, contributing to overall food safety in the food value chain.

The original project was approved on September 22, 2009, with total investment of $65.26 million and $13.77 million in reciprocal funding from the Vietnamese Government.

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