Wednesday, November 21 2018

VietNamNews

Tay Ninh Province plans to boost investment and trade advantages

Update: July, 19/2006 - 00:00

Tay Ninh Province plans to boost investment and trade advantages

(19-07-2006)

Nguyen Van Nen, Chairman of southern Tay Ninh Provincial People’s Committee, talked with Thoi bao Kinh te Viet Nam (Vietnam Economic Times) about development in the province.

The province have good trade advantages not only with domestic localities and Cambodia, but also other ASEAN countries as it is close to HCM City and the Trans-Asia Highway runs through it. The province is considered one of the key economic zone in the south. How can these advantages benefit you?

Tay Ninh connects the southern central highlands and the Cuu Long (Mekong) Delta.

After the provincial Party congress earlier this year the province has drawn up plans to improve economic and social conditions in the area. In the first six months of the year the economy has continued growing at a rate of 17.3 per cent compared to the same term last year.

Production value in particular reached VND2.2 trillion, an increase of 37 per cent over 2005.

Tay Ninh has so far attracted 120 foreign direct investment projects with registered capital of more than US$465 million. Six new projects were licensed in the first half of the year, while 16 existing projects increased investment.

Export turnover reached $164.7 million in the first six months, an increase of 53.28 per cent year-on-year.

The province also tried to boost administration reform to attract more investors.

You are benefiting from trade and tourism. How can transportation and infrastructure develop to nurture the advantages and improve people’s lives?

The provincial township is only 90km from HCM City and 175km from Phnom Penh. The province shares a 240km border with Cambodia’s Kong Pong Cham, Preyveng and Svay Rieng provinces. The province thus needs to have a synchronised transport system to serve domestic and international travelling demands, as well as trading at the two international border gates of Moc Bai and Xa Mat and local border gates.

Road expansion is being built for the Trans-Asia Highway on the basis of National Highway 22 running from HCM City to Moc Bai international border gate in Tay Ninh and into Cambodia.

A trade zone will be established along the Cu Chi-Moc Bai route where people can import and export products. National Highway 22 B running from the north to the south of the province, considered as the province’s back bone will be upgraded to four lanes. The Central Government has already approved a plan to upgrade two other highways, N1 and N2, connecting the newly-built Ho Chi Minh section that runs into Tay Ninh with the Mekong River Delta.

The province will spend VND2.5 trillion to build and upgrade local roads and highways.

We also have plans for transport systems along the Sai Gon and Vam Co Dong rivers. We will build two ports, Ben Keo and Ben Dinh, in the Vam Co Dong River to reach the target of receiving 424,000 tonnes of goods by 2010.

The public is talking about the lawsuit around the Bau Ra project under the National reforestation programme 327. Investors also want to know more about the matter. What can you tell them?

The Bau Ra project involves 5,380ha of forest land in the 18,000ha former Tan Bien Forest. Under the project, local people signed contracts to grow rubber in the forest with a loan of VND1.9 billion at no interest.

The project began in 1994 and people started suing in 1996 when they discovered that the managing board of the projects and the provincial People’s Committee gave the land and loans to the wrong people, who used the land and loans for other puposes. Instead of growing rubber as planned, they planted orchards.

The managing board has admitted that they had been careless in finalising the contracts, while other offices failed to recognise the mistake in time and still don’t have good and quick solutions for the problem.

Last May, the Ministry of Natural Resources and Environment issued ruling about the problem on a case by case basic. Fifteen staff members at different levels responsible for this were punished, ranging from reprimands to dismissals.

All the land-use certificates given to the wrong people will be revoked. Those using the land have to rent the land if they want to continue growing orchards.

We will also pay attention to stabilising the lives of people in the project area. We think that if we deal with the case in the right way, we can again earn people’s trust so that all of us can work together to develop. — VNS

Send Us Your Comments:

See also: