Ta Lung border gate in Cao Bang province
Nhan Dan/VNA – A border gate economic zone is to be formed in the northern province of Cao Bang following a decision by Prime Minister Nguyen Tan Dung.
The zone, in an area bordering China, will cover 30,000 hectares across 37 communes and three towns, according to information released at an April 29 ceremony in Cao Bang.
Running along the 265km borderline shared with China’s Guangxi province, the zone will be formed by merging three existing local border gate economic zones: Ta Lung, Tra Linh and Soc Giang.
A non-tariff area will be enforced and international border gates, industrial parks, financial and administrative centres and urban and residential areas will be developed.
The zone is expected to help turn the province into a commercial and tourism hub as well as an important gateway linking the ASEAN with China.
It is also hoped that it will empower competitiveness with Chinese economic zones, generate jobs for 1,000 locals and see an annual import-export surge of 17-20% in the 2016-2020 period.
Đăng ký: VietNam News