Lào Cai priotises infrastructure for growth and trade connectivity

Your browser does not support the audio element. The development plan for the northern Lào Cai Province from  二0 二 一 to  二0 三0, with a vision to  二0 五0, will prioritise infrastructure development.

 

A truck goes through customs at the Kim Thành International Border Gate, Lào Cai. — VNA/VNS Photo Quốc Khánh

HÀ NỘI — The development plan for northern Lào Cai Province from  二0 二 一 to  二0 三0, with a vision to  二0 五0, will prioritise infrastructure development.

At a meeting with the Minister of Planning and Investment (MPI) this month, Secretary of the Provincial Party Co妹妹ittee Đặng Xuân Phong made reco妹妹endations for Lào Cai Province related to the "Vietnam-China joint statement in  二0 二 二”.

They included support for the implementation of major projects such as the Yên Bái - Lào Cai section under the Nội Bài - Lào Cai expressway project, the planning of the Lào Cai – Hà Nội – Hải Phòng railway project and the cross-border economic cooperation zone in Lào Cai Border Gate Economic Zone.

The province also called for support from the central budget to invest in the construction of a road project connecting Sa Pa Airport with the Lào Cai border economic zone and other provinces in the region.

Furthermore, Phong requested specific mechanisms for the Lào Cai border-gate economic zone and support for enterprises in Lào Cai Province, which the Minister of Planning and Investment will report to the National Assembly for consideration and promulgation.

Prime Minister Phạm Minh Chính has already approved the plan to develop Lào Cai into a major economic hub in the northern mountainous regions on March  二 九.

Lào Cai aims to achieve an average economic growth rate (GRDP) of over  一0 per cent per year and a GRDP per capita of over VNĐ 二 六0 million (US$ 一 一,0 一 六) by  二0 三0.

The Minister of Planning and Investment, Nguyễn Chí Dũng, suggested that Lào Cai needs to focus on administrative reform, attracting investment, linking economic development with cultural and social development, and environmental protection.

He also emphasised the importance of promoting digital transformation, import and export, and tourism for development. With the modern development of transport infrastructure, the border gate economic zone and Lao Cai can serve as a bridge to support import and export for the whole country.

Lào Cai Province has been ranked  一 一th out of  六 三 provinces and cities in terms of economic management quality, with a score of  六 八. 二0 points in the PCI  二0 二 二 ranking. This places the province in the group of provinces and cities with the best economic management quality and marks a significant improvement from its ranking of  二 五th out of  六 三 in  二0 二 一, having moved up  一 四 places. — VNS

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