Red River Delta develops five industrial corridors

Saturday, 22/10/2016 07:17
Minister of Industry and Trade Tran Tuan Anh has ratified the industrial development scheme for the Red River Delta until 2025 with a vision to 2035.

A corner of Hai Phong international port

Accordingly, the scheme will focus on developing five industrial corridors: Hanoi-Hai Phong, Hanoi-Noi Bai-Ha Long, Hanoi-Viet Tri through Vinh Yen city (Vinh Phuc province), Hanoi-Lang Son and the coastal economic corridor. 

By 2025, the Red River Delta’s industry will be developed with modern technology, competitive capacity in integration, high-quality and environmentally-friendly products that are capable of meeting basic requirements of the economy and exports. Industry will make up about 40-42% of the regional economic structure.

By 2035, the region will target at speeding up industry with modern technology, international standard products and deeply joining the global value chain; developing professional workers who are active in research, design and manufacturing. Industry will account for 38-40% of the regional economic structure.

For specific goals, the scheme specifies added value growth of 8.5-9% by 2020, 9-9.5% by 2021-2025, and 7-7.5% by 2026-2035. In addition, industrial production value growth will be 14-14.5% by 2020, 15-15.% in 2021-2025 and 13-13.5% in 2026-2035. Industrial sectors and construction will make up 48.9% by 2020, 49.2% by 2025 and 46.4% by 2035./.

BTA

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