At Lao Cai Border Gate Customs office (Photo: VNA) Hanoi (VNA) – The Prime Minister has approved a task on planning the development of Lao Cai border gate economic zone in the northern province of Lao Cai to 2040 with a vision to 2050.
The proposed border gate economic zone will cover the districts of Bat Xat, Bao Thang, Muong Khuong and Si Ma Cai and Lao Cai city on 15,929 hectares.
It is expected to become a key economic area of the locality, promoting trade, industry and service development and improving locals’ living standard while protecting the natural ecosystem and consolidating national defence.
It is also hoped to serve as a multidisciplinary economic zone, a development pole of the northern midland and mountainous area and a trade hub of the area of ASEAN and the southwest of China. - VNA
