Dong Nai takes drastic measures to increase GRDP
The southern province of Dong Nai has introduced a myriad of measures to achieve a Gross Regional Domestic Product (GRDP) growth rate of 8-9 percent in 2016.
Employees in the Japanese Mabuchi Motor make electricty parts in Bien Hoa 2 Industrial Zone, Dong Nai province. (Photo: VNA)Dong Nai (VNA) – The southern province of Dong Nai has introduced a myriad of measures to achieve a Gross Regional Domestic Product (GRDP) growth rate of 8-9 percent in 2016.
The province will give priority to improving the business climate, streamlining administrative procedures, ensuring transparency as well as enhancing responsibility of administrative agencies, said Chairman of the provincial People’s Committee Dinh Quoc Thai.
He highlighted that the province will step up economic shake-up in combination with growth model shift to increase quality, efficiency and competitiveness by 2020.
In addition, Dong Nai will also focus on developing infrastructure, especially roads connected to urban areas and industrial parks, expressways, and rural facilities. The province will join hands with relevant ministries and agencies to speed up the implementation of key projects such as Ben Luc- Long Thanh and Dau Giay- Phan Thiet expressways and Tan Van- Nhon Trach road.
As part of the efforts to increase the competitiveness of local enterprises during international integration process, the province will develop support industry to reduce dependence on foreign materials.
It plans to create favourable conditions for small- and medium-sized enterprises to access credits to serve their technological renovation and organise supply-demand connection conferences.
The province will assist businesses in building their trademarks and promoting trade in foreign markets.
Local production has enjoyed stellar performance in 2015, with a GRDP value of 63.8 trillion VND (2.8 billion USD), rising 11.75 percent from the previous year.
The province pocketed 14.7 billion USD from exports, up 11.5 percent year-on-year, and attracted 2.3 billion USD in foreign investment.-VNA
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