What is the economic value of the Mekong River?

How much money does the Mekong River make?

VIETNAM – Fisheries in the Mekong River can bring in around $17 billion a year, making up about 3 per cent of the GDP of Vietnam, Cambodia, Laos and Thailand, said the Mekong River Commission (MRC). The figures were based on the report that 4.4 million tons of aquatic products are caught from the river every year.

What is the importance of the Mekong River?

The Mekong River connects China, Laos, Thailand, Cambodia and Vietnam physically and economically. The river is a lifeline for the entire basin, sustaining economies and livelihoods across the entire region.

How is the Mekong River used to make money?

Around 60 million people live on the river and derive an income from it in the Lower Mekong Basin countries. … But the river is increasingly used to generate renewable energy in the form of dozens of dams for huge hydropower projects.

What is the main industry in the Mekong river?

Sand is the preferred material for land reclamation, and most of the sand extracted from the river goes to this use. Sand and gravel from the Mekong are also key resources for the construction industry, and the industry is heavily dependent on these resources as there are fewer workable alternatives.

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What industries rely on the Mekong river?

Key industries

Tourism, garments, construction, agricultural milling/processing, wood products, rubber, textiles. Agricultural processing, rubber, construction, garments, cement, tourism.

Why is China building dams on the Mekong?

China has constructed 11 giant dams along the mountainous territory of the Upper Mekong to sustain its ever-increasing energy needs. The management of water flows has long been a concern for many living along the river.

In what ways does the Mekong Delta influence the economy of South Vietnam?

Mekong Delta is a major agriculture and seafood production hub in Vietnam. The region accounts for 95 percent of the country’s rice exports as well as an annual seafood output of 3.5-4 million tonnes. The delta accounts for 65 percent of aquaculture and 60 percent of fish exports of Vietnam.

What is one of the benefits of the Khone Falls?

Beyond being an awe-inspiring natural formation, the falls have both stymied the efforts to turn the Mekong into a trade highway and preserved the health of the local ecosystem.