The Cuu Long (Mekong) Delta is making significant gains toward realizing its socioeconomic development targets set for 2010. The per-capita GDP (Gross Domestic Product) in 2010 is projected to reach US$900, up US$189 compared with 2009, thus increasing the GDP of the entire region by 11 percent.
In 2010, agriculture is estimated to make up less than 40 percent of the delta's GDP, industry nearly 30 percent, and services more than 30 percent. Agricultural production value is predicted to total VND59 trillion, up more than VND4 trillion compared with 2009. Industrial production value is estimated to reach VND127 trillion, an increase of more than VND20 trillion against 2009. Revenue from the export of agricultural products is expected to reach US$6 billion, up US$500 million compared with 2009. Currently, 12,700 domestic companies are operational throughout the delta. Regarding foreign direct investment (FDI) attraction, by August 2010, some 524 FDI projects remained valid with total registered capital of more than US$8.43 billion. At the Mekong Delta Investment and Development Conference that took place in September 2010, delta localities signed 11 projects with domestic and foreign investors in fields such as infrastructure development, energy, tourism, residential areas, industrial zones, trade and services, seafood processing and human resource development. Total investment capital of these projects is more than VND17.69 trillion.
In 2010 the delta has continued to improve overland roads and waterways, upgrade all national highways and provincial roads, form axial routes linking the delta to Ho Chi Minh City and the southeastern region, upgrade seaports and river ports, and develop water and power supply systems as well as telecommunication facilities. The delta has developed three electricity centers, O Mon, Ca Mau and Kien Luong, with total capacity of about 9,000-9,400MW. Fuel gas is gotten from deposits in southwestern Vietnam. Delta localities have prioritized investment in infrastructure development, especially the traffic network that links the Mekong Delta Major Economic Zone to the southeastern region as well as big cities, National Highway 1A, Roads N1, N2 and airports.
Delta localities are actively promoting cooperation with provinces/cities in other parts of the country, especially with Ho Chi Minh City in developing the food processing industry. They are intensifying marketing and advertising activities to increase sales on both the domestic market and foreign countries/territories such as those in Asia, Europe, North America and Africa. Coastal provinces (Ca Mau, Bac Lieu, Soc Trang, Kien Giang, Tra Vinh, Ben Tre and Tien Giang) are boosting the processing of brackish aquatic products. An Giang, Can Tho, Dong Thap, Vinh Long and Hau Giang are concentrating on processing pangasius. Kien Giang and An Giang provinces are expanding the production of construction materials. Can Tho is focusing on developing the mechanical manufacturing industry.
Delta localities are also boosting the training of technical workers and deal on a timely basis with social matters. They take active part in the implementation of national programs on poverty reduction. The percentage of poor families in the delta has decreased to 11 percent. The irrigation system is being upgraded. The application of scientific research results and technologies in both agricultural and industrial production is being intensified. The lives of local people are improving and economic growth has been maintained.
To boost future development, localities in the Cuu Long (Mekong) Delta will continue to bring into play their advantages. The city of Can Tho will continue to be the heartland of the entire region. Investment will be focused on developing hi-tech agricultural areas, specialized industrial production and services to promote sustainable development. Infrastructure will be upgraded, especially transport facilities, including roads and waterways. Canals will be dredged, focusing on Dinh An Canal. Some river ports and airports in the region will be upgraded. Existing industrial zones will continue to be developed. New industrial zones and industrial complexes will be built. Aquaculture will be expanded, focusing on shrimp, crab and some other kinds of seafood. Some trade centers will be built in cities/towns. Eco-tourism will be promoted along with tours to Ho Chi Minh City, the Southern Key Economic Zone, Tay Nguyen (Central Highlands) and the southeastern region./.
In 2010, agriculture is estimated to make up less than 40 percent of the delta's GDP, industry nearly 30 percent, and services more than 30 percent. Agricultural production value is predicted to total VND59 trillion, up more than VND4 trillion compared with 2009. Industrial production value is estimated to reach VND127 trillion, an increase of more than VND20 trillion against 2009. Revenue from the export of agricultural products is expected to reach US$6 billion, up US$500 million compared with 2009. Currently, 12,700 domestic companies are operational throughout the delta. Regarding foreign direct investment (FDI) attraction, by August 2010, some 524 FDI projects remained valid with total registered capital of more than US$8.43 billion. At the Mekong Delta Investment and Development Conference that took place in September 2010, delta localities signed 11 projects with domestic and foreign investors in fields such as infrastructure development, energy, tourism, residential areas, industrial zones, trade and services, seafood processing and human resource development. Total investment capital of these projects is more than VND17.69 trillion.
In 2010 the delta has continued to improve overland roads and waterways, upgrade all national highways and provincial roads, form axial routes linking the delta to Ho Chi Minh City and the southeastern region, upgrade seaports and river ports, and develop water and power supply systems as well as telecommunication facilities. The delta has developed three electricity centers, O Mon, Ca Mau and Kien Luong, with total capacity of about 9,000-9,400MW. Fuel gas is gotten from deposits in southwestern Vietnam. Delta localities have prioritized investment in infrastructure development, especially the traffic network that links the Mekong Delta Major Economic Zone to the southeastern region as well as big cities, National Highway 1A, Roads N1, N2 and airports.
Delta localities are actively promoting cooperation with provinces/cities in other parts of the country, especially with Ho Chi Minh City in developing the food processing industry. They are intensifying marketing and advertising activities to increase sales on both the domestic market and foreign countries/territories such as those in Asia, Europe, North America and Africa. Coastal provinces (Ca Mau, Bac Lieu, Soc Trang, Kien Giang, Tra Vinh, Ben Tre and Tien Giang) are boosting the processing of brackish aquatic products. An Giang, Can Tho, Dong Thap, Vinh Long and Hau Giang are concentrating on processing pangasius. Kien Giang and An Giang provinces are expanding the production of construction materials. Can Tho is focusing on developing the mechanical manufacturing industry.
Delta localities are also boosting the training of technical workers and deal on a timely basis with social matters. They take active part in the implementation of national programs on poverty reduction. The percentage of poor families in the delta has decreased to 11 percent. The irrigation system is being upgraded. The application of scientific research results and technologies in both agricultural and industrial production is being intensified. The lives of local people are improving and economic growth has been maintained.
To boost future development, localities in the Cuu Long (Mekong) Delta will continue to bring into play their advantages. The city of Can Tho will continue to be the heartland of the entire region. Investment will be focused on developing hi-tech agricultural areas, specialized industrial production and services to promote sustainable development. Infrastructure will be upgraded, especially transport facilities, including roads and waterways. Canals will be dredged, focusing on Dinh An Canal. Some river ports and airports in the region will be upgraded. Existing industrial zones will continue to be developed. New industrial zones and industrial complexes will be built. Aquaculture will be expanded, focusing on shrimp, crab and some other kinds of seafood. Some trade centers will be built in cities/towns. Eco-tourism will be promoted along with tours to Ho Chi Minh City, the Southern Key Economic Zone, Tay Nguyen (Central Highlands) and the southeastern region./.
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