Key southern economic hub records rapid development
Ha Noi (VNA) – The key southern economic hub has developed remarkably over the past nine years since it was established fuelling the country’s industrialisation drive.The zone groups Ho Chi Minh City, Dong Nai, Ba Ria-Vung Tau, Binh Duong, Tay Ninh, Binh Phuoc, Long An and Tien Giang provinces, which cover more than 30,000 sq.km with a total population of 14.7 million.
During the 2001-2005 period alone, the region posted a Gross Domestic Product (GDP) growth of 7.9 percent, higher than that of the country rate of close to 7.2 percent.
By the end of 2005, the region’s GDP accounted for 40 percent of the national GDP. Average GDP per capita reached between 20-22 million VND, 2.4 times higher than the national level.
The region contributed 74 percent of the country’s total export revenue and it registered an annual export growth rate of over 21 percent.
The region also leads the country in terms of industrial zones (IZs) and export processing zones (EPZs) and foreign investment attraction.
It is currently home to 66 IZs and EPZs, that are housed on more than 16,400 ha and account for over 70 percent of the total area of IZs in three key economic regions in the country.
To date, more than 3,000 projects are operating in these IZs and EPZs, including 1,800 that are foreign-invested, with a total investment capital of more than 15 billion USD. Close to 600,000 local workers have also benefited through the creation of jobs in the southern market .
Industry has become the most developed sector in the region, focusing on oil and gas exploitation, software production, chemicals, garments and textiles and footwear.
The region’s development plan from now till decade-end with a vision towards 2020 focuses on developing quality service industries such as finance, banking, tourism and real estate.
In an attempt to draw more foreign investment into the region, a conference on infrastructure, real estate, services, health, tourism and trade opportunities in the eight provinces will be held in Ho Chi Minh City by late October this year.
Around 200 investors are expected to attend the event, including multinational groups, financial institutions and investment funds from ASEAN member countries, Japan, the US and Europe.-Enditem
được đăng bởi kude.punny @ 22:52
0 Nhận xét:
Đăng nhận xét
Đăng ký Đăng Nhận xét [Atom]
<< Trang chủ