Investment into agriculture encouraged

Nearly 17 million USD in government money has been poured into 64 projects nationwide in the last 3 years. Meanwhile, current policies do not have regulations on forming new businesses in rural areas.

Therefore the new decree must support investors in terms of tax exemption and land lease in addition to financial supports. According to the Deputy PM, agriculture is still the foundation of the economy, but investors and farmers face a lot of risks.

The new decree has to be implemented within this year and support many factors including family farms, households, and co-operatives. Plans for land usage also have to be published in the decree.