Ha Tinh announces socio-economic development plan

The central province of Ha Tinh announced a master plan on socio-economic development for the province into 2020, with a vision to 2050, at a conference on April 27.
The central province of Ha Tinh announced a master plan onsocio-economic development for the province into 2020, with a vision to2050, at a conference on April 27.

Chairman of theprovincial People’s Committee Vo Kim Cu said that the master plan wasbased on the prospects of Ha Tinh’s competitive sectors, namely steelmanufacturing; agriculture, forestry and fishery industries; trade,transport and logistics; textiles and garments; construction; educationand training; information and communication.

Accordingly, by 2020, the province aims to have an annual economicgrowth rate of 18.4 percent; industrial, service and agriculturalsectors will account for 54.7 percent, 32.2 percent and 13.1 percent ofthe province’s economy respectively; and the number of poor householdswill fall by 3-4 percent per annum.

Addressing theevent, Deputy Prime Minister Nguyen Xuan Phuc stressed that Ha Tinhneeds to continue promoting its potential and this master plan tobusinesses and regional countries, in order to attract investment inpriority sectors. The province should also improve the quality of itshuman resources to serve economic zones and large projects’ demands, headded.

On the occasion, Ha Tinh presentedcertificates of investment to six businesses, including four foreigninvestors from Japan, the Republic of Korea, Hong Kong and Taiwan(China). The investors pledge to pour more than 55.4 trillion VND(2.6 billion USD) in the province.

Since 2011, 301new projects, worth more than 346 trillion VND (16.5 billion USD), havebeen licensed to operate in Ha Tinh. Among them there are 48 foreignprojects with total registered capital of 218 trillion VND (10.4 billionUSD), including those run by such giants as Formosa ( Taiwan ( China), Samsung (the RoK) and Mitsubishi ( Japan ).-VNA

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