Kien Giang targets US$9.5 billion for socio-economic development by 2020

11:15 | 20/06/2018 Society

The Mekong Delta province of Kien Giang aims to mobilise US$9.5 billion for socio-economic development by 2020 and US$45 billion by 2030.

kien giang targets us 95 billion for socio economic development by 2020
A corner of Ha Tien town, Kien Giang province - Source: VNA

The adjusted target was recently approved by the Prime Minister as part of a master plan to 2020 and towards 2030 for the province.

Kien Giang targets becoming a well-developed locality and a transportation and tourism service destination in the Mekong Delta, and a development hub of the southern key economic region. The province aims for an average Gross Regional Domestic Product (GRDP) of 7.5-8 percent per year by 2020.

Also, the province is striving to improve quality of transport services, while promoting its advantageous geographical location and natural conditions of the province.

The province has so far this year attracted 41 FDI projects from 19 countries and territories with a total registered capital of US$1.44 billion, of which 37 percent has been disbursed.

Theo VNA