Ministry proposes major solutions to fuel economy in central region

The Ministry of Planning and Investment (MPI) proposed three large groups of solutions to boost economic development in the central region, during a conference held in Binh Dinh province on August 20.
Ministry proposes major solutions to fuel economy in central region ảnh 1A view of Vinh Hy Bay in the central province of Ninh Thuan (Photo: VNA)

Hanoi (VNA) – The Ministry ofPlanning and Investment (MPI) proposed three large groups of solutions to boosteconomic development in the central region, during a conference held in BinhDinh province on August 20.

The first group relates to the building ofpolicies and mechanisms.

The MPI asked relevant ministries, departmentsand localities to speed up the building of regional and provincial planningschemes according to the Planning Law.

It suggested building modern coastal urban areasand improving the North-South and the East-West transport systems connectingseaports and coastal provinces with the Central Highlands.

In addition, ministries and sectors should buildnew strategies and plans ensuring the harmonious combination between thepreservation and development of coastal areas, exclusive economic zones, andcontinental shelf.

It is also necessary to build a national marinespatial planning and a general plan for sustainable use of coastal resources,according to the MPI.

The second group of solutions refers to theconnection between fields and sectors.

The MPI proposed boosting the shift of economicstructure according to the regional advantages in association with theimplementation of the 12th Party Central Committee’s resolution on sustainabledevelopment strategy of Vietnam’s marine economy through 2030, with a vision to2045.

Building brands and products with high addedvalues and increasing the application of science and technology in highlycompetitive industrial sectors to join global value and production chains areone of the solutions.

Minister of Planning and Investment Nguyen ChiDung suggested enhancing regional connectivity.

The central region should coordinate with theCentral Highlands in storing and regulating water resources, and continuouslyimplementing the Government’s decree on aquatic development policies.

It also needs to boost coordination betweenlocalities in and out of the region to promote investment, mobilise and arrangefinancial resources, build socio-economic infrastructure, increase training andemployment, and build inter-regional tourism routes and programmes, the ministerrecommended.

The MPI also proposed developing multi-targetinfrastructure to connect the regional transport network with the nation’seconomic hubs, industrial parks, economic zones, urban areas, coastal regions,and seaports.

The last group of solutions is about resources.According to the MPI, the region should prioritise the State’s resources toconsolidating the regional apparatus and giving decision-making rights to thecouncil of the key central economic region.

It is necessary to have a specific financialmechanism to serve the council’s activities.
Minister Dung suggested enhancing sciencecooperation and technology transfer in the region.

The ministry proposed the Government to soonbuild and share a common database system on cities and provinces in the centralregion as well as economic sectors, social fields and progresses of keyprojects in the region.

It held that the development of the economyshould go with the development of culture, society, social welfares,environmental protection, and security-defence.-VNA
VNA

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