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Can Tho out in front of Mekong progress

Update: December, 25/2013 - 08:43

The city's agriculture and aquaculture sector rose by 2.86 per cent; the industrial and construction sectors 17.22 per cent; and the service sector by 17.54 per cent.— Photo thuyhaisan

CUU LONG DELTA (VNS) — Ten years after becoming a centrally governed city, Can Tho has been identified as the spearhead of socio-economic development in the Mekong Delta.

Speaking at a press meeting to celebrate ten years as a central city yesterday, Tran Thanh Man, Secretary of Can Tho Party Committee, said the city's economy grew at an average of 14.5 per cent a year in the 2004 - 2013 period, with its size reaching VND62.6 trillion (nearly US$3 billion) this year, a 3.5-fold increase from 2004.

The city's agriculture and aquaculture sector rose by 2.86 per cent; the industrial and construction sectors 17.22 per cent; and the service sector by 17.54 per cent.

This year it also attracted 58 foreign direct investment projects with total registered capital of $885 million, nearly six times the 2004 figure.

The average income of its inhabitants has risen from VND10.3 million in 2004 to VND62.9 million (nearly $3,000) now, according to figures released at the press meeting yesterday.

Four new universities have been established and 83 of the city's communes are linked by proper roads.

Other major infrastructure development include a terminal at Can Tho International Airport, Cai Cui Seaport, Can Tho Bridge, and the first turbine of the O Mon Thermal-power plant.

Can Tho has introduced an "electronic one - stop" mechanism at all administrative agencies from the commune to city levels.

The level of sastisfaction with administrative processes has greatly improved, according to authorities. — VNS

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