Phu Tho prioritises investment projects using modern technology

The northern province of Phu Tho will prioritise investment projects using advanced technology and high-quality labour to improve production value, Phan Trong Tan, Vice Chairman of Phu Tho Provincial People's Committee told Vietnam News Agency.

 

The province resolutely eliminates projects that are likely to cause environmental pollution and waste large amounts of land and labour.

Phu Tho will continue to restructure agricultural production towards increasing added value, applying scientific advances and developing hi-tech agriculture. The agricultural sector will have large-scale production and value chains and strengthen linkage of production, processing and consumption.

It will also expand agricultural production regions and develop brands of agricultural products.

Nguyen Minh Xuyen, Director of Phu Tho Department of Planning and Investment, said the province will accelerate the construction of infrastructure of industrial parks and key industrial clusters such as Phu Ha, Trung Ha and Cam Khe, to create clean regions available to receive investment. The province will also start construction of Tam Nong, Ha Hoa and Phu Ninh industrial zones soon.

It will diversify and improve quality and competitiveness of traditional industrial products that have advantages in terms of raw material and market.

The province will also attract high technology projects into industrial parks and industrial clusters, support the development of small and medium enterprises, enhance industrial promotion activities and develop handicrafts and trade villages.

This year, the province expects to gain 7.83 per cent in economic growth, 0.23 per cent compared the yearly plan, and US$1.95 billion in total export value, up 29 per cent.

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