Kien Giang: Five-year investment for socio-economic development exceeds 9.6 bln USD hinh anh 1A newly-built road on Phu Quoc Island in Kien Giang. (Photo: VNA)

Kien Giang (VNA) - Total investment for socio-economic development in the Mekong Delta province of Kien Giang stood at 222.66 trillion VND (9.6 billion USD) in 2016-2020, with an annual average growth of 6.1 percent, according to the provincial People’s Committee.

This represents 52.1 percent of its gross regional domestic product (GRDP). Of the figure, 11.37 percent came from the State budget, 75.39 percent from non-State businesses and individuals, and 0.87 percent from FDI.

The funds have been invested in a number of major infrastructure projects, most notably Phu Quoc International Airport, Rach Gia Pier, roads connecting Lo Te - Rach Soi, Rach Gia - Hon Dat, Rach Gia - Chau Thanh, and Duong Dong - Cuu Can - Ganh Dau, as well as more than 6,350 km of rural roads.

Investment also went to the development of the power network infrastructure in coastal districts and regions where Khmer ethnic minority people live, such as Giong Rieng, Hon Dat, Go Quao, An Bien, An Minh, and Kien Hai. The province has also completed connecting the island communes of Lai Son (Kien Hai), Hon Nghe and Son Hai (Kien Luong), Tien Hai (Ha Tien), and Hon Thom (Phu Quoc) with the national grid. Electricity access stands at 99.5 percent.

Money was also allocated to develop infrastructure for agricultural production. The province has installed 117 drainage pipes in dykes and 1,252 pump stations, upgraded over 600 irrigation systems, and dredged and cemented more than 2,000 km of canals.

Systems for floodwater drainage and fresh water transmission in the Long Xuyen Quadrangle and the west of Hau River have been upgraded to prevent saline intrusion, enabling local farmers to grow two rice crops a year or even three in some areas.

Kien Giang plans to mobilise some 267.13 trillion VND in investment for socio-economic development between 2021 and 2025, which will account for nearly 40 percent of its GRDP./.
VNA