Mekong Delta targets 10 percent growth in 2015

The Mekong Delta region targets an economic growth of 10 percent in 2015, the same figure for this year, according to the Steering Committee for the Southwestern Region.

Deputy head of the committee Nguyen Phong Quang said to realise the goal, the region’s localities will invest nearly VND250 trillion (US$11.9 billion) to improve infrastructure facilities for socio-economic development, with focus on road and waterway systems, sea, river and air ports and irrigational network for agricultural production.

The region will speed up the implementation of key projects such as the O Mon power plant, while cooperating with Ho Chi Minh City and the southeastern region in food and aquatic product processing with the application of advanced technologies, helping local businesses enhance their competitiveness, expand markets and improve products’ quality.

Apart from developing aquaculture in coastal provinces, other provinces such as Kien Giang, An Giang and Dong Thap will focus on production of construction materials.

Can Tho city will promote its strength of heavy and hi-tech industries, consumer goods for exports.

The region expects to earn VND220 trillion (US$10.5 billion) from the processing sector in 2015.

Besides, the Mekong Delta will boost vocational training along with the upgrade of existing universities, establishing new colleges to provide vocational training, while generating jobs for 400,000 workers.

The Mekong Delta comprises 12 provinces and a centrally-run city with a total area of 40,000 km2 and a population of 18 million. It is the country’s largest granary and a major aquaculture region.
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