President supports Quang Tri’s economic development plan

Published: 27/04/2009 05:00

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VietNamNet Bridge - President Nguyen Minh Triet has approved central Quang Tri province’s plan to build My Thuy deep-sea port and Dong Nam sea-based economic zone to spur its economic development.

The State President gave the nod during his working session with the provincial authorities on April 27, the second day of his two-day working visit to the province.

Quang Tri needs to make the best use of its advantages in geographical conditions and natural resources for future growth and should accelerate investment promotion and develop human resources to welcome a new wave of investment, President Triet said.

He advised the province to formulate mechanisms and policies that enable it to fully tap the economic potential of the Lao Bao special economic-commercial zone as it plays an extremely important role in the West-East Economic Corridor with ASEAN member countries.

The president said the province has potential for gold and titan mining as well as rubber and coffee plantation.

Although trade and services account for 40 percent of economic structure, Quang Tri’s per capita income remains quite low, equivalent to 60 percent of the national average level.

At present, 17 percent of the province’s population, mainly ethnic minority people still live under the poverty line.

VietNamNet/VNA

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