Southeastern region’s Socio-economic development plan ratified

10:07, 25/07/2012

Prime Minister Nguyen Tan Dung has ratified the Overall Socio-economic Development Plan for the Southeastern region through 2020.

Prime Minister Nguyen Tan Dung has ratified the Overall Socio-economic Development Plan for the Southeastern region through 2020.

The plan sets the goal to reach the annual growth rate of GDP from 9.5%-10% during 2011-2020 and the GDP per capital of US$4,600 by 2015 and US$6,400 by 2020.

The density of industry, construction and service sectors are expected to account for 97-98% of the total GDP by 2020. Some 90% of the region’s laborers will go through vocational courses by 2020.

The plan gives high priority to the development of high-tech, clean industries, electronics industry, information technology as well as other key industries such as oil exploitation, software production, mechanics, electricity, fertilizer, chemical, building material and food processing.

Under the plan, Ho Chi Minh City is the locomotive of the region, functioning as the bridge for inter-regional and international cooperation and the center for economics, trade, service, education-training and service-industry-agriculture.

Urban areas like Vung Tau, Bien Hoa, Thu Dau Mot will be upgraded to first-grade cities while Nhon Trach, Long Thanh, Tam Phuoc, Hiep Phuoc, Cu Chi, Trang Bom, An Lac, Nha Be, Can Gio, Di An-Thuan An will become the satellite urban areas of Ho Chi Minh City.

The Southeastern region groups Ho Chi Minh City, Ba Ria-Vung Tau, Dong Nai, Binh Duong, Binh Phuoc and Tay Ninh.

(Source:VGP)