Binh Phuoc fosters economic ties with Cambodian provinces

A meeting was held between senior officials of the southern province of Binh Phuoc and the Cambodian provinces of Kratie, Mondulkiri and Tabong Khmum on July 10 to review their cooperation in the past year.
A meeting was held between senior officials of the southern province ofBinh Phuoc and the Cambodian provinces of Kratie, Mondulkiri and TabongKhmum on July 10 to review their cooperation in the past year.

Chairman of Binh Phuoc’s provincial People’s Committee stated themeeting would serve as a catalyst for boosting friendship and traderelations between the two sides.

Localities neededto address the challenges faced by border communities in order tomaintain social order and security, as well as promoting friendship.

Speaking at the meeting, Kratie province’s Deputy GovernorHoeu Sidem spoke highly of the contributions made by Vietnameseenterprises, including Binh Phuoc businesses, to economic development inthe Cambodian province in recent years.

He expressed his hopethat Binh Phuoc province would create favourable conditions forCambodian businesses to visit and learn from the experience of BinhPhuoc businesses.

Meanwhile, the Deputy Governor of Mondulkiriprovince, Chanso Chantha, appreciated the sound cooperation with theVietnamese province on constructing the border gate and roads, as wellas preventing child trafficking and trade infringements.

On his part, Tabong Khmum’s Deputy Governor Ly Leng stated that he expected trade between the two provinces to increase.

Since2014, Binh Phuoc province has signed Memoranda of Understanding withCambodia’s neighbouring provinces on the economy, trade and agriculturaldevelopment. The province is currently implementing three investmentprojects in Cambodia.

Last year, Binh Phuoc province transferred20,000 cashew seeds and 40,000 transplanted cashew seedlings to Kratieprovince’s agricultural sector. In addition, the Vietnamese provincealso provided technical assistance to agricultural officials and farmersin Kratie.

Furthermore, Binh Phuoc province invested 12 billionVND (558,000 USD in the construction of Song Mang bridge, which linksthe province’s Hoang Dieu border gate and La Pa Khe border gate inMondulkiri province.-VNA

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