Mong Cai border gate economic zone to become a dynamic hub for Red River delta by 2020

Monday, 17/11/2014 12:52

This is one of the main themes in the master plan for socio-economic development of the Mong Cai border gate economic zone up to 2020, and vision to 2030 in the northern province of Quang Ninh.

Accordingly, it will strive to become a modern, industrial service, free economic zone by 2030, playing an important role in defending Vietnam's sea and island sovereignty.

The GDP growth rate in the 2015-2020 period has been set above 17% per year, of which the trade and transportation sector is expected to contribute 20-22%/year, the industry sector about 22%/year and the agriculture sector standing at 8%/year.

 

A corner of Mong Cai city

By 2020, the per capita GDP should reach USD10,000 (equivalent to USD5,700/person/per year, following comparative price of 2010); with the structure of GDP is services (59%), industry (35%) and agriculture (6%). Until 2030, the per capita GDP to reach USD22,000 (USD2,000 higher than province’s target); and the structure of GDP is services (60%), industry (37%) and agriculture (3%).

The Mong Cai border gate economic zone will focus on e-commerce, tourism, high –tech sectors, high-quality interior products, assembled automobile, stuff and beverage, and textile as well.

For tourism, it will become a main destination in Quang Ninh province, Vietnam and the ASEAN region.

The master plan will be discussed and passed at the 17th meeting of the Quang Ninh province’s People’s Council on November 18th./.

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