Master plan for southeastern region’s development approved

The Regional Assessment Council has approved a master plan for developing the southeastern region in the 2021-2030 period, with a vision extending to 2050, according to the local media.

A bird’s eye view of the Thu Thiem New Urban Area in Thu Duc City, HCMC – PHOTO: ARCHIVES

The master plan is expected to lay the foundation for the establishment of mechanisms and policies that will create a new driving force and development opportunities for the entire region.

It adheres to a multi-industry approach in accordance with the Law on Planning and aims to provide a detailed roadmap for regional development, aligning with the country’s socioeconomic development strategy from 2021 to 2030.

The Ministry of Planning and Investment has outlined six key elements of the master plan. First, mechanisms and policies would be adopted to create a new driving force and development space.

Second, new economic models would be devised, including green, digital, and circular economies, in line with global development trends.

Third, inter-regional ecological green spaces would be developed along the Saigon and Dong Nai rivers. Fourth, spaces for regional industrial development would be rearranged and functions among localities would be redefined to support the growth of industrial parks and clusters.

Fifth, infrastructure development would be prioritized to ensure seamless connectivity among cities, economic hubs, seaports, and the enhancement of regional connectivity. This includes investments in information and communication infrastructure, economic zones, hi-tech parks, and tourism sites.

Finally, the efficiency of development would be enhanced along economic corridors, industrial production spaces restructured, and the development of municipalities, logistics services, and tourism promoted.

The southeastern region, consisting of HCMC, Dong Nai, Binh Duong, Ba Ria–Vung Tau, Binh Phuoc, and Tay Ninh provinces, is the largest economic region in the country and plays a pivotal role in driving the overall socio-economic development of Vietnam.

(Source:SGT)