Prime Minister Nguyen Xuan Phuc urged Binh Phuoc province to continue improving business climate. (Photo: VNA)
Binh Phuoc (VNA) – Prime Minister Nguyen Xuan Phuc urged thesouthern province of Binh Phuoc to continue improving business climate andremoving bottlenecks for investors, while attending an investment promotionconference in the locality on August 20.
Lauding the province’s initiatives to lure more investments, including regularmeetings between local authorities and businesses, PM Phuc also asked theprovince to create major breakthroughs in policies and development models.
He assigned the locality to channel more efforts to double the number ofcompanies to 10,000 by 2020.
PM Phuc expressed his delight at the local comprehensive development ofsocio-economy, defence, security and foreign affairs, with per capita annualincome of local residents reaching 2,670 USD, higher than the average of thecountry, and GDP growth at 6.83 percent, and more than 40 percent of thecommunes recognised as new-style rural areas.
The local per capita income should be increased by two folds by 2020, hestressed, adding that it is necessary for the province to develop smartagriculture and advanced processing industry, as well as join the regional andglobal value chain.
“Binh Phuoc should be well aware of its untapped potential like tourism to haveneat solutions to drawing investments”, he stated, suggesting that the provincehas various stunning tourist attractions like Suoi Lam and Thac Dinh touristareas, and Hoa Lu border gate which serves as a gateway for trade and exchangesof culture and friendship between Vietnam and other ASEAN member states.
The Government leader also asked local authorities to give priority todeveloping local brands, especially for local staples like coffee and cashew.
Thanks to its advantages in geographical location, Binh Phuoc is affirming itsposition as an important industrial pole of the country. PM Phuc ordered theMinistry of Transport to study the feasibility to connect Binh Phuoc with LongThanh airport to create momentum for local growth in the future.
As the province is located on the economic corridor of the Southeast region, theCentral Highlands, Thailand, Cambodia, and Laos, Binh Phuoc should be consciousof the impact it has on the geo-politics and geo-economic strategy ofVietnam-Cambodia, Thailand-Laos in particular, and ASEAN in general, he noted.
At the conference, Chairman of the provincial People’s Committee Nguyen VanTram affirmed to facilitate businesses in investing in the locality.
Holding strengths in agriculture with 237,000 hectares of rubber trees, 134,300hectares of cashew, and 17,000 hectares of coffee, the locality is prioritisinghigh-tech agricultural projects, he said, adding that social action projects inhealthcare, education, environment, and sports are all welcomed.-VNA
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