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Thursday, October 21, 2021

Eight border gate economic zones picked for investment

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HCMC – The prime minister has agreed to choose eight key border gate economic zones to develop in the 2021-2025 period using the State budget.

They are the Mong Cai, Dong Dang-Lang Son, Lao Cai and Cao Bang border gate economic zones in the northern provinces of Quang Ninh, Lang Son, Lao Cai and Cao Bang, respectively; the Cau Treo International Border Gate Economic Zone in the central province of Ha Tinh and the Lao Bao Special Economic-Commercial Zone in the central province of Quang Tri; the Moc Bai Border Gate Economic Zone in the southern province of Tay Ninh and the An Giang Border Gate Economic Zone in the Mekong Delta province of the same name.

The Government leader asked the Ministry of Planning and Investment to direct and guide localities to mobilize other legal capital sources to invest in the construction of technical and social infrastructure systems serving the sustainable development of the border gate economic zones, Vietnamplus news site reported.

The People’s Committees of provinces and cities must prepare and assess the dossiers of projects to develop infrastructure for the border gate economic zones in line with the objectives, principles, criteria and quotas of the State budget allocation for the 2021-2025 period.

The relevant agencies were told to improve their ability to manage the State capital so that the capital would be used effectively.

Meanwhile, localities where the eight key border gate economic zones are located must arrange State capital for their development throughout the period in line with the relevant regulations.

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