Monday, December 22, 2008

Dong Thap develops border zones


Provincial authorities sank VND33 billion (US$2 million) in developing the infrastructure of Thuong Phuoc Border Gate Economic Zone in Hong Ngu District to lure foreign and domestic investment.

Officials also allocated VND32 billion (US$1.9 million) of the province’s budget to expedite construction of a marketplace and shopping centres in Dinh Ba Border Gate Economic Zone in Tan Hong District to step up trade in the areas bordering Cambodia.

Other infrastructure projects designed to develop border gate economic zones were also given priority investment. Officials at State and provincial levels joined forces to speed up road and marketplace construction and ferry landing upgrades to facilitate travel to the zones.

Incentive policies on land, tax and licensing procedures were developed by provincial authorities to get domestic and overseas investors to set up shop at both Thuong Phuoc and Dinh Ba border economic zones.

Land clearance and compensation were expedited to make room for public utility projects like animal quarantine check posts to prevent outbreaks of bird flu or blue ear pig disease as well as marketplaces and health clinics.

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