Forum promotes development in Cambodia, Laos, VN

Development partners forum in the development triangle area of Cambodia, Laos and Viet Nam takes place in Dak Lak, April 21, 2014 - Photo: VGP/Le Son

Speaking at the forum, Vietnamese Minister of Planning and Investment Bui Quang Vinh said the cooperation among the regional countries will boost up the implementation of programs and projects proposed by their leaders at the 7th summit of the CLV Development Triangle.

They will have more chances to share information on potentials of the regional development and mobilize the Official Development Assistance (ODA) for investment in this area, he added.

To develop the CLV sustainably, it is necessary to draw up a joint vision, Asian Development Bank (ADB) Country Director Tomoyuki Kimura said, adding that these nations have to prepare a united roadmap and investment framework, identify priorities, use resources more effectively and diversify investment sources.

The organization of the forum has shown the competence and commitments of the five Vietnamese provinces in the development process of the triangle area, he confirmed.

Addressing the event, Deputy PM Nguyen Xuan Phuc stressed that the event is the chance for leaders of ministries, agencies and localities of the three nations and international delegates to sort out find specific measures for each locality in fulfilling its socio-economic development.

He also stressed on difficulties and challenges in the region’s development process such as poor infrastructure, low trade turnover and a lack in high-quality human resources.

The Deputy PM directed the Vietnamese localities to improve infrastructure, accelerate agriculture in accordance with poverty reduction, promote the development of border economic gates and markets, protect the environment, increase the competitiveness and push up the administrative reforms as well as prevent crimes in this area.

 By Thuy Dung