Moc Bai international border gate (Photo: VNA)Tay Ninh plays a key role in connecting southern provincesto Cambodia, the Greater Mekong Sub-region, and other ASEAN countries, whichlends strategic importance to its Moc Bai - the largest land border gate in the south.
Currently, the Moc Bai border gate economic zone is one of the eight selected by the Prime Minister to receive prioritised investment from thebudget in the 2021-2025 period to develop into an international trade centre.
It has to date attracted 56investment projects, including 19 foreign-invested ones, with a total capitalof 401 million USD and 8.6 trillion VND (345.7 million USD). At present, 33projects, including 11 foreign-invested, are operational.
Vo Thanh Thong, Deputy Minister of Planning and Investment,said in an August conference that Moc Bai is one of the most important border gateeconomic zones on the Vietnam - Cambodia land border. Not only Tay Ninh's gatewayto develop trade exchanges with Cambodia, Moc Bai also plays an importantrole in economic development, and has an strategic position in termsof national security and defence.
Compared with other zones, Moc Bai has a special advantageof being located on the national and international traffic axes in the South.
Tay Ninh needs to utilise the area’s existing natural andlabour advantages to build policies to attract investment, the official said.
The province was also advise to focus on favourable tax policies forbusinesses, administrative procedures reform, and co-operation with relevantauthorities and neighbouring Cambodia.
Concerted development of infrastructure for businessproduction, export and import, and locals’ lives is also important, especiallyMoc Bai’s traffic infrastructure, he said.
Experts stressed the need to clearly define the role,position and importance of Tay Ninh and the Moc Bai border gate economic zonein the overall development of the Southeast economic region as well as thewhole country in order to develop suitable both short-term and long-termorientations and goals; and at the same time restructure industries in the zoneto create breakthroughs in productivity, quality, efficiency andcompetitiveness.
Mai Xuan Thanh, deputy head of the General Department of VietnamCustoms, suggested Moc Bai make the most of its advantage as a gateway of theTrans-Asian economic corridor, with the need to transit goods from industrialzones in Svay Rieng province of Cambodia to ports in Ho Chi Minh City.
Accordingly, Moc Bai should develop warehousing, forwardingand transportation services of imports and exports, added Thanh./.
VNA
