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Saturday, May 4, 2024

Long An announces development master plan

By T. Huy

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HCMC – Long An has taken a momentous step towards its future with the announcement of its development master plan, with a vision to 2050, making it the first southern province to have its provincial master plan approved.

At a conference held on July 25 to unveil the master plan and promote investment opportunities, local and international investors engaged in discussions with provincial authorities, gaining valuable insights into Long An’s policies and potential for business ventures.

During the conference, ministerial leaders outlined the development orientation and measures aimed at fostering cooperation and attracting investments for the province’s growth.

According to the master plan, Long An will be developed around Tan An City, which will serve as its focal point. The region will be structured around three corridors, including Beltway No. 3, Beltway No. 4, and the southern development zone. Additionally, Long An will encompass three key socio-economic areas, namely urban-industrial zones, hi-tech agricultural-tourism areas, and border gate economic-ecological buffer zones.

The province will be supported by six momentum pillars, consisting of Beltway No. 3 and Beltway No. 4, National Highway 50B, National Highway 61B frontage road, My Quy Tay-Luong Hoa-Binh Chanh, National Highway N1, and Duc Hoa.

The conference also featured the introduction of 13 investment projects eligible for incentives, aimed at luring investors to do business in the province.

Participating in the event, Prime Minister Pham Minh Chinh emphasized the need for investors to adhere strictly to their investment commitments and align with provincial planning while crafting long-term, sustainable strategies. He urged businesses to focus on emerging driving forces, such as digital transformation, green transition, green growth and circular economy.

According to the development master plan, Long An is set to become a dynamic, efficient, and sustainable economic center in the southern region. Positioned as the gateway to the Mekong Delta urban-industrial corridor, the province will be closely connected with HCMC and the Mekong Delta region.

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