Kien Giang province heeds sea-based economic growth

Authorities from the Mekong Delta province of Kien Giang have granted licenses to 340 investment projects totalling 166.5 trillion VND (7.93 billion USD) for the development of sea-based economy for the 2010-2013 period.
Authorities from the Mekong Delta province of Kien Giang have grantedlicenses to 340 investment projects totalling 166.5 trillion VND (7.93billion USD) for the development of sea-based economy for the 2010-2013period.

Of the total projects, Phu Quoc island alone hosts 112, according to the local Department of Planning and Investment.

The province now counts 183 operational projects which focus onbreeding, processing farm produce and seafood, transport system andtourism services, among others.

In the foreseeable future, itwill pay heed to improving the management capacity and administrativeformalities to expedite the implementation of sea and island developmentplans.

Special attention will be paid to programmes copingwith climate change and sea rising as well as protecting marine ecologyin a sustainable manner, said Vice Chairman of the local People’sCommittee Le Khac Ghi.

Kien Giang emerged as an economicspotlight in the Mekong Delta in 2013, with economic growth rate hitting9.4 percent, ranking fourth among the 13 provinces and city in thedelta.-VNA

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