Southern Kien Giang province pledges favourable conditions for local businesses to boost trade, investment and tourism promotion to Cambodia.

Permanent Deputy Chairman of the Kien Giang provincial People’s Committee Tran Thanh Nam was speaking at a working session with the provincial Investment, Trade and Tourism Promotion Centre and businesses operating in the locality.

Kien Giang shares both land and sea border, including a 56.8 km land borderline with Cambodia through Giang Thanh border gate and Ha Tien international border gate.

In recent years, Kien Giang and their border provinces have developed tourism and trade activities to meet the demand for socio-economic development of the province itself as well as Cambodia’s provinces, especially the Cambodians’ consumption demand.

According to the Ministry of Industry and Trade, Vietnam expects to earn 2 billion USD from exports to Cambodia in 2010, mostly from garment, fertiliser, materials, equipment, machinery, consumption goods, food, steel, manufacturing industry.

Vietnamese enterprises have to date invested in 63 projects worth 900 million USD in Cambodia , providing jobs for 30,000 local workers.

Import-export value through Ha Tien international border gate reached 72.5 million USD, including 70 million USD from export in 2009 and the by the end of October this year, two-way trade value is estimated at 100 million USD.

The operation of a duty-free shop and a market for agro and husbandry products open in Ha Tien international border gate in the future will help expand trade opportunities for enterprises in Kien Giang and border provinces.

The provincial Centre for Investment, Trade and Tourism Promotion plans to send business delegations to Cambodia to seek investment opportunities, popularise products and promote investment activities./.