Mekong plan outlines path to security
The Mekong Delta is stagnating on the back of poor frameworks and infrastructural gaps – flaws that are hoped to be remedied with a new 2021-2030 masterplan, driving regional socioeconomic growth.
As the region has been focusing on ensuring food security for the whole country, the Mekong Delta has slowly shifted to more productive industries.
Inland waterway transport plays a key role in the region but is severely underinvested. Data from the World Bank showed that the investment budget for inland waterways in the Mekong Delta decreased from 2-3 per cent in the 2011-2015 period to an average of 1.2 per cent in the last five years.
