Mekong Delta calls on investment in 178 projects
10:18 | 28/04/2012
VGP – The Mekong Delta is now calling investment in 178 key projects with total estimated capital of over VND 171 trillion and US $1.5 billion.

The conference on investment promotion into the Mekong Delta 

The information was released at the conference on investment promotion into the Mekong Delta held on April 27.

The objective of the conference is to further attract and effectively use resources for the development of the region. It is also a forum for investors and businesses to discuss investment opportunities, obstacles against the deployment of projects in the region.

The Mekong Delta is endowed with favorable conditions for development. Its economy expanded at 11.7%/year in the 2001-2010 period and its GDP accounts for 18-19% of the country’s figure.

It is the country’s largest agriculture and aquaculture production hub where over 50% rice output are produced, 90% are exported.

The region, however, is now facing a number of difficulties, including low economic efficiency and competitiveness, climate change and sea level rise, imperfect traffic infrastructure, and low-quality workforce.

 

 

In the 2011-2020, the region sets the target to become the country’s key food and aquaculture center with the annual GDP growth of 12% and per capita income is expected to reach VND 70 million/year.

Speaking at the conference, Mr. Hideo Suzuki from Japanese Embassy in Vietnam said Japanese Government would continue to provide ODA for the country’s projects on climate change adaptation, healthcare and education. Japanese businesses will be encouraged to conduct serious surveys of investment opportunities.

Also at the event, Mekong Delta provinces granted 11 business certificates to local and foreign investors.

By Hai Minh

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