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Forum focuses on developing regional economic linkages

Update: April, 22/2014 - 10:35
"The governments of Cambodia, Laos and Viet Nam should invest more in transport infrastructure in order to boost economic connectivity" Deputy Prime Minister Nguyen Xuan Phuc said at a forum in Buon Ma Thuot City. — Photo Quang Huy

DAK LAK (VNS)— The governments of Cambodia, Laos and Viet Nam should invest more in transport infrastructure in order to boost economic connectivity, Deputy Prime Minister Nguyen Xuan Phuc said at a forum in Buon Ma Thuot City in the Central Highlands province of Dak Lak yesterday.

The event focused on building partnerships in order to develop the Cambodia-Laos-Viet Nam Development Triangle, which comprises 13 border provinces in the three nations and was set up in 2009 under the initiative of Cambodian Prime Minister Hun Sen.

Participants discussed ways to foster development within the triangle, as well as how to reduce poverty and increase competitiveness.

Phuc suggested that localities focus on developing agriculture, especially industrial plants producing rubber and coffee, as well as infrastructure at border economic zones and human resources training.

He also urged the implementation of a master plan adopted by the three countries' Prime Ministers to incorporate local plans into regional development, which he noted must occur in conjunction with protecting the environment, simplifying administrative procedures and reinforcing border security.

The event also offered the three countries a chance to enhance economic connections both inside and outside the triangle and address social, security and environmental protection issues, thus strengthening co-operation.

The forum was co-hosted by the Ministry of Planning and Investment and the Asian Development Bank (ADB). — VNS

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