Central Highlands: over US$2.8 bln invested in transport development
More than VND64 trillion (over US$2.81 billion) was spent on the upgrading and construction of transport infrastructure in the Central Highlands over the last five years, significantly contributing to the local socio-economic development.
The region boasts a transport network with a total length of nearly 40,000 km, with 48%was cemented, said the Steering Committee for the Central Highlands Region.
A total 145 out of 600 communes in the region have met the requirement of transport under the 19 criteria set for the new-style rural area building programme.Airports such as Buon Ma Thuot (Dak Lak), Lien Khuong (Lam Dong), and Pleiku (Gia Lai) were upgraded and expanded, enabling them to accommodate large planes like A320 and A321, thus facilitating the transport of passengers and goods.
The transport infrastructure development helps attract more investment into the region, especially those from private and foreign enterprises.
The region recorded an average gross domestic product of region (GRDP) expansion of 7.19% in 2011-2015, 4.92 times higher than its population growth. Per capita income of the region increased 10.45% in the period.
In the first six months of 2016, the region maintained a year-on-year gross domestic product (GDP) growth of 6% despite the impacts of prolonged drought – which caused economic loss of over VND5.4 trillion (US$243 million).
The Central Highlands is comprised of five provinces: Dak Lak, Dak Nong, Gia Lai, Kon Tum and Lam Dong.