|Dong Thap aims to achieve an annual GDP growth of 7.5 per cent during 2021-2025|
|As of now, Dong Thap is home to 4,244 operating businesses and granted investment licenses to 195 projects with a total registered capital approximating VND20 trillion ($869.57 million).|
Besides, the province focuses on expanding international co-operation, improving product quality, developing the ornamental flower industry and other key commodity chains such as rice and mango.
In addition, professional human resources will be trained to serve tourism activities, bringing the message “'Dong Thap, as pure as the soul of the lotus” to life.
As stated by the development plan for 2021-2025, Dong Thap’s economic growth is set to reach 7.5 per cent per year. Meanwhile, the city expects to mobilise around VND150 trillion ($6.52 billion) with an average VND30 trillion ($1.3 billion) per year, 1.85 times as many as in 2016-2020. By 2025, the province will see about 3,050 enterprises established during the period, up 74 per cent against the previous period.
According to a report from Dong Thap, despite COVID-19 adverse impacts, 606 enterprises were established in the province last year with a registered capital of VND4 trillion ($174 million) thanks to specific mechanisms to stimulate business development. As of now, Dong Thap is home to 4,244 operating businesses and granted investment licenses to 195 projects with a total registered capital approximating VND20 trillion ($869.57 million).
In addition, Dong Thap is building Tan Kieu Industrial Park (IP) in Thap Muoi district as well as completing necessary procedures to establish Ba Sao and Tran Quoc Toan IPs in Cao Lanh district, facilitating the implementation of new investment projects.
Pham Thien Nghia, Chairman of Dong Thap People's Committee, noted that the province is constantly searching for ways to boost investment attraction efficiency and create the most favourable conditions for investors as businesses and investors are the key factors spurring local economic development and improving people's lives.
By Ngan Thuy Ngoc