Illustrative photo (Photo: VNA)Dak Lak (VNA) – The rate of poor households in the Central Highlands province of DakLak is expected to drop below 5 percent in 2020 under the locality’s masterplan on socio-economic development to 2020 with a vision towards 2030.
Adjustments and supplementsto the master plan have been recently approved by Prime Minister Nguyen XuanPhuc.
The poverty rateis hoped to reduce by 1-2 percent each year from now to 2030 in line withpresent poverty standards.
Under the plan,Dak Lak’s annual gross regional domestic product (GRDP) during 2016-2020 ishoped to grow by 8.5-9 percent.
The province aimsto raise its GRDP per capita to 60-60.5 million VND (2,640-2,860 USD) in 2020 and217-220 million VND (9,548-9,680 USD) in 2030.
The number oflabourers working in the farming sector is expected to make up only 55 percentof the province’s total labourers in 2020 and 38 percent in 2030. Theunemployment rate in urban areas is projected at 2.5-2.7 percent for 2016-2020,and 2.2-2.5 percent for 2021-2030.
The agro-forestry-fisherysector is set to account for 38.5-39.5 percent of the province’s total GRDP in2020 and 19-20 percent in 2030, with annual average growth rate at 4.5-5 percentin 2016-2020 and 4-4.5 percent in 2021-2030.
Husbandry will beprioritised to create breakthroughs in agricultural development.
In industry, DakLak will focus on industrial production using modern, environmentally friendlytechnologies, along with the support industry to serve agriculture.
The province will utiliseits localities’ advantages and develop spearhead industries with highcompetitiveness and high added value, serving both domestic and foreignmarkets.
Industrialproduction is expected to grow by 10-11 percent annually during 2016-2020,hitting 65-66 trillion VND (2.86 billion-2.9 billion USD) in 2020, and 12-13percent in 2021-2020, according to the plan.
Dak Lak willspecialise in exploiting and processing farm produce, yarn, constructionmaterials, manufacturing mechanics, electricity, water and support industry.
The service sectoris also projected to expand by 11-12 percent in 2016-2020 and 12-12.5 percentin 2021-2030, making up 39-40 percent of the total GRDP in 2020 and 34-35 percentin 2030.
The plan also setthe average growth rate of retail sales and service revenue at 18.5 percentannually between 2016-2020 and 17 percent in 2021-2030.
The province willimprove the quality of financial, banking, transport, post, telecommunicationsand consultation services, and scientific-technological transfer.
It aims to welcomemore than 1.1 million visitors by 2020, including 103,000 foreigners, and morethan 2.8 million in 2030, including 256,000 foreigners.
The local tourismsector is expected to expand by 15.05 percent in 2016-2020, and 16.5 percent in2021-2030.-VNA
VNA
