Quang Ninh plans economic zone on Chinese border

Nov 10th at 13:27
10-11-2015 13:27:34+07:00

Quang Ninh plans economic zone on Chinese border

Plans for the development of the Mong Cai economic zone in this northern province on the Chinese border have been released.

 

Government Office Vice Chairman Nguyen Cao Luc announced the construction and socio-economic development plans over the next five to fifteen years, with vision until 2050, at a ceremony held by the provincial authorities last weekend.

As approved by Prime Minister Nguyen Tan Dung earlier this year, the zone covers a total area of more than 120,000 hectares in Mong Cai City and Hai Ha District. It borders China in the north, and the East Sea in the south-east.

Mong Cai People's Committee Chairman Duong Van Co said that the zone would be developed in multi-sectors, and that trade, tourism and industry were expected to be the key fields that generate high added values.

According to the plans, Mong Cai, which has an international border crossing and Tra Co beach and Ka Long river, will be the major area for farm produce, forestry products and consumer goods production, as well as import-export activities.

Hai Ha will be specilised for sea ports and new urban areas that are integrated to marine economic development.

The zone is set to become an important pole that drives economic progress in Viet Nam's northern region and along the coast of the Gulf of Tonkin. It will also link with China's Kunming economic corridor.

"By 2030, the zone will be a free economic area with modern industries and services, and sustained growth. It will actively contribute to the process of international integration," Co said.

He said, however, that comprehensive development of road and seaway infrastructure is necessary to achieve the goal. Facilities for healthcare, education and other fields such as electricity, water and the environment also need to be upgraded.

Quang Ninh People's Committee Chairman Nguyen Duc Long said local authorities had asked ministries and sectors to build policies to form a zone for economic cooperation between Mong Cai and Dongxing District in China's Guangxi Province.

On November 7, the authorities signed memoranda of understanding with investors of 10 projects in Mong Cai, with a combined capital of VND9.73 trillion (US$432.44 million).

bizhub



NEWS SAME CATEGORY

S Korea top VN investor through October

South Korea was the top foreign investor in Viet Nam with total new and expanded investments of US$6.2 billion through October 2015, according to a report released...

TPP help for Ha Noi businesses

The authorities in Ha Noi would support enterprises to take full advantage of the Trans-Pacific Partnership (TPP) agreement, but enterprises should improve their...

New mall opens in HCM City

Pearl Plaza, the first mall in HCM City's Binh Thanh District, welcomed 25,000 visitors on its opening day on November 7.

Advertising on buses piloted in Ho Chi Minh City

A pilot program to allow advertisements on the outside of public buses has been implemented in Ho Chi Minh City since last month, bringing a new face to the old...

Vietnam targets $300bn export earnings for trade balance by 2020: ministry

Vietnam has approved a plan to raise export revenue to US$300 billion by 2020 so that the country can remove trade deficits following a newly approved scheme...

Italy to support Vietnam in opening garment, footwear tech centers

The Italian government will supply support for Vietnam to open two technology centers for the garment and footwear industries in 2016, a trade commissioner said on...

VN, Malaysia sign civil aviation co-operation agreement

Viet Nam and Malaysia have signed an agreement to strengthen co-operation in information exchange, training and in taking joint initiatives to ensure safety and...

Japanese-invested furniture production plant to be built in Ba Ria-Vung Tau

The Nitori Ba Ria-Vung Tau Company, a subsidiary of Japan's Nitori Holdings, was licenced to develop a US$150 million plant manufacturing wooden furniture in the...

Fair shows off special foods

Special agricultural products across the country are on display at the 15th international agriculture trade fair or AGROVIET 2015 in the capital city.

Vietnam among Italy’s top ten favored markets: Italian President

Italy has considered Vietnam one of the ten emerging markets to prioritize developing trade and investment with, Italian President Sergio Mattarella told his...


MOST READ


Back To Top