Southern key economic zone aims at $5,000 GDP per capita

The Southern Key Economic zone’s GDP per capita will reach US$3,900-4,000 by 2015 and top $5,000 by 2020, according to the zone’s overall socioeconomic development plan by 2020 and visions until 2030.

 
HCMC is part of the southern key economic zone (Photo: VNA)
HCMC is part of the southern key economic zone (Photo: VNA)

The plan was announced by the Ministry of Planning and Investment in Ho Chi Minh City on June 5.

 

According to the plan, the southern key economic zone, comprising HCMC, Dong Nai, Binh Duong, Ba Ria-Vung Tau, Tay Ninh, Binh Phuoc, Long An and Tien Giang, plays a motivation role in accelerating socioeconomic development in other provinces and cities in the southern region.

 

The zone will focus on investment in hi-tech industries and human resources development to meet international integration requirements.

 

Such plan for the Mekong Delta’s key economic zone was also revealed by the ministry at the same time.

 

The key economic zone in the Mekong Delta includes Can Tho, Ca Mau, An Giang and Kien Giang, where will become the country’s largest tourist and service hub. Of these, Nam Can will become a national tourist site and Phu Quoc Island will be built into an international trade center that will provide high-quality ecotourism products in the southern region and the Mekong River’s lower reaches. It will be a bridge for integration with the Asian region’s economies and has a strategic position in the national defense and security.

 

GDP per capital in this area will approximate US$2,470 by 2015 and US$4,400 by 2020.

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