Central Highlands prospects to be made known worldwide

Newly-appointed heads of Vietnamese representative agencies abroad will communicate the potential of the Central Highlands to the world, thereby inviting investment into the region for its sustainable development.
Newly-appointed heads of Vietnamese representative agencies abroad willcommunicate the potential of the Central Highlands to the world, therebyinviting investment into the region for its sustainable development.

Deputy Foreign Minister and Vietnamese Ambassador toJapan Nguyen Quoc Cuong, who led a delegation of the newly-appointedheads for the 2015-2018 tenure, was speaking to a working session withthe Steering Committee for the Central Highlands in Buon Ma Thuot city,Dak Lak province on June 1.

Tran Viet Hung, deputyhead of the committee, briefed the delegation on the regionalsocio-economic development prospects, saying that its 2014 totalproduction climbed 8.74 percent annually and exports hit a record riseof 49.3 percent to 2.5 billion USD.

The totalrevenue to the State budget increased by 9.2 percent while the grossdomestic product (GDP) per capita reached 1,640 USD, up 13.6 percent andequivalent to 81 percent of the country’s GDP per capita.

The region is home to over 570,000ha of coffee that generates 1.2million tonnes of coffee beans per year, or 94 percent of the nation’stotal, and more than 60,000ha of pepper trees with a total yearly outputof 80,000 tonnes.

The corn, tea, cashew nut,rubber, sugar cane and cassava output account for 18-26 percent of thoserecorded by whole nation.

However, its economystill falls behind others across the country due to failure to tap itspotential to the fullest and underdeveloped infrastructure, especiallyin transport and irrigation.-VNA

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