12,100 billion VND compensation for environmental damage in the central coastal region

On October 5, the Ministry of Agriculture and Rural Development completed a project to determine damages to compensate, support, restore, develop production and ensure social security for people affected by the marine environmental incident in 4 provinces (Ha Tinh, Quang Binh, Quang Tri and Thua Thien - Hue).

The compensation project is estimated by the Ministry of Agriculture and Rural Development to cost 12,100 billion VND, specifically: Compensation for damages: 6,500 billion VND; construction of a marine environmental monitoring, surveillance and warning system: 500 billion VND; restoration and regeneration of aquatic resources and seagrass beds: 920 billion VND; establishment of a provincial aquatic resources regeneration fund: 300 billion VND.

The entire compensation fund of Formosa Ha Tinh Steel Corporation will be disbursed and finalized before December 31, 2019.

According to Hanoimoi