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Lao Cai border gate economic zone to drive province’s growth

The Lao Cai border economic zone will be developed into an industrial, urban, trade and service hub, serving as a driving force for the growth of the northern mountainous province of Lao Cai, according to the zone’s master plan.
Lao Cai border gate economic zone to drive province’s growth ảnh 1Illustrative photo (Source: cafef.vn)

Hanoi (VNA) – The Lao Cai border economic zonewill be developed into an industrial, urban, trade and service hub, serving asa driving force for the growth of the northern mountainous province of Lao Cai,according to the zone’s master plan.

The development master plan for the zone to 2040 with avision to 2050 has just received approval from the Prime Minister in Decision1627/QD-TTg.
Under the plan, the Lao Cai border economic zone will have atotal area of 15,929.8 hectares. It is projected to have a population of 90,000by 2040.

The zone will have a core area and two wings, which are thewestern and eastern economic corridors. The service area at the border gatecovers more than 356 hectares of land, slated to house areas for fairs andexhibitions, representative offices of enterprises and organisations, a tradingcentre and bonded warehouse, among other facilities.

The area designated for industrial activities inside thezone comprises operational industrial parks (the 100-ha Dong Pho Moi and the85-ha Bac Duyen Hai), a 228-ha processing and packaging zone for import-export inBat Xat district, and an area reserved for services, logistics, warehouse andpackaging.

The plan also envisions a complex for tourism, entertainmentand sports covering more than 344 ha in Ban Qua commune, Bat Xat district.Local cultural and spiritual sites such as Thuong and Mau Temples will beupgraded and turned into tourist attractions, while a new tourism route will bebuilt connecting the border economic zone and Sa Pa, which is a widely-knowntourism site in the province.-VNA  

VNA
#Lao Cai border economic zone #Lao Cai #Sa Pa #industrial parks #border gate #border economic zone #Vietnam #Vietnam news #Vietnam News Agency Lao Cai
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