Monday, December 18 2017

VietNamNews

Long An Border Gate a key economic hub

Update: December, 06/2017 - 09:00
A view of Bình Hiệp International Border Gate. — Photo baolongan.vn
Viet Nam News

HÀ NỘI — Long An Border Gate Economic Zone in the Cửu Long (Mekong) Delta province of Long An is identified as an economic, cultural-social centre in the province, an official said.

During a recent interview with the Vietnam News Agency, Nguyễn Văn Được, vice chairman of Long An People’s Committee, said Long An Border Gate Economic Zone serves as a bridge between HCM City and 12 provinces in the southern delta region, as well as a trade hub linking the Greater Mekong Sub-regions.

It also shares a western border with Cambodia.

Approved by the then Prime Minister in 2015 with orientation to 2030, Long An Border Gate Economic Zone has an area of ​​over 13,080ha, including Bình Hiệp International Border Gate Economic Zone and Long Khốt Sub-Border Gate, both in Bình Hiệp Commune in Kiến Tường Town.

Nguyễn Văn Vũ, chairman of Kiến Tường Town People’s Committee, said in the past two years, Kiến Tường has created favourable conditions for the development of trade and services, focusing on mobilising investment resources for the development of Bình Hiệp Border Gate.

Kiến Tường Town’s authorities have cooperated closely with the authorities of Long An Province to upgrade infrastructure systems and create a land fund of more than 100ha to be ready to welcome investment flow from domestic and foreign investors for Bình Hiệp economic zone.

The Management Board of Long An’s Economic Zones has granted the investment registration certificate for a project of Tainan Enterprises Co Ltd, with an area of ​​some 17ha. The company has been in operation since the end of 2016, with total investment of more than US$65 million, creating employment for some 2,000 local workers.

According to Trương Văn Triều, head of the Management Board of Long An’s Economic Zones, in recent years, there have been many domestic and foreign investors expressing keenness to invest in Bình Hiệp Border Gate Economic Zone.

Triều said all investment projects in Bình Hiệp Border Gate Economic Zone enjoy incentives in corporate income tax and personal income tax.

“The management board will create favourable conditions for enterprises when investing in Bình Hiệp Border Gate Economic Zone and to access medium-term loans with preferential interest rate,” Triều said.

Trần Văn Cần, chairman of Long An People’s Committee, said the province is looking forward to the Government’s investment capital allocation in the external transport system linking Bình Hiệp Border Gate Economic Zone with the southern key economic region and HCM City, building socio-economic technical infrastructure in the area.

Cần said in the future, Long An Province will continue to create a healthy business environment to attract investment in Long An Border Gate Economic Zone.

“The province will prioritise hi-tech and environmentally friendly projects, developing Bình Hiệp Border Gate Economic Zone in a sustainable and friendly manner, ensuring border security,” he said. — VNS

 

 

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