Saturday, 4 July 2009

Vietnam Plans To Build Border Economic Zone With Cambodia

HANOI, July 4 (Bernama) -- Vietnamese Prime Minister Nguyen Tan Dung has approved a master plan to build the region along the border with Cambodia into a major economic zone, according to the Vietnam news agency's report.

Under the ambitious scheme, the southwestern border areas, comprised of four provinces in the Central Highlands and six provinces in the southern region, will be developed into an economic zone of national and international importance by 2020.

The border economic zone including Gia Lai, Kon Tum, Dac Lak, Dak Nong, Binh Phuoc, Tay Ninh, Long An, Dong Thap, An Giang and Kien Giang provinces, will act as an entry point for trade, services and cargo transportation between the Greater Mekong's Sub region and the East Sea.

The area, which totals 73,369sq.km, is home to 12,650,000 people and expected to become a national economicdriving force in terms of agriculture, forestry, hydropower and transportation, according to the plan announced by the Government website.

By 2030, the areas along the Cambodia border will become a major economic zone of national and international importance, which can have a special influence to the Central Highlands and the central and southern regions of Vietnam, as well as to other economies in the Gulf of Thailand.

The area is expected to become the nation's biggest natural reserve of biological diversity and ethnic cultures, and one of the major tourist attractions in the ASEAN region, the news agency said.

The cities of Buon Ma Thuot and Pleiku in the Central Highlands, Long Xuyen in the Mekong Delta and Trang Bang Town in Tay Ninh will be developed into the development cores of the region.

Priorities will be given to developing urban centres and economic zones along the border with Cambodia. Phu Quoc Island will become a special administrative and economic zone under the plan, which has a vision through 2030.

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