HCM CITY — The Government has approved a master plan for the Cuu Long (Mekong) River Delta region that seeks to achieve annual economic growth of 7.7 per cent until 2015 and 8.6 per cent in the succeeding five years.
|Farmers harvest crops in the Delta province of Hau Giang's Vi Thanh City. Under a master plan newly approved by the Government, agriculture will account for 36.7 per cent of the region's economy by 2015. — VNA/VNS Photo Duy Khuong
If achieved, this will take the region's average income to $2,750-2,850 by 2020 from the current $1,000.
By 2015 the share of agriculture, forestry and fisheries in the economy will be 36.7 per cent, while that of industry and construction will be 30.4 per cent and services, 32.9 per cent.
They are estimated to change to 30.5 per cent, 35.6 per cent and 33.9 per cent by 2020.
Besides contributing to the nation's food security, the region will also contribute a lion's share of the annual rice export of 6-7 million tonnes.
The plan seeks to develop the region into the country's key agricultural hub with highly competitive products.
Rice will remain the key crop, and investment will continue in technologies to increase the grain's output and quality.
The plan also encourages development of large-scale rice growing areas, especially in An Giang, Kien Giang, and Dong Thap, where conditions are conducive to farming the crop.
As for seafood, one of the region's key export sectors, the region will reduce its aquaculture area to 550,000-600,000ha by 2020, down from 736,400ha in 2010.
According to the Southwestern Region Steering Committee, despite many difficulties, the region achieved an economic growth of 9.5 per cent in the first half of the year.
Industrial production increased by 11 per cent in the period, much higher than that of the country of four per cent — VNS