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An Giang strives to stimulate border trade growth

by NDO/VNA16 June 2021 Last updated at 19:00 PM

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An Giang strives to stimulate border trade growth
A corner of An Giang (Photo: VNA)
VTV.vn - The authorities in the Mekong Delta province of An Giang has approved a border trade development plan until 2025 with a vision to 2030.

According to the plan, the province targets to increase the value of import and export via local border gates by 15% during 2021-2025 compared to the period five-year period. The export turnover is expected to grow by 10%, reaching about US$636.7 million in 2025 and accounting for 42-45% of An Giang’s total exports. Meanwhile, the import value is set to rise by 13% to hit US$65.1 million, making up 35% of the provincial total.

The plan will work toward developing the local border trade infrastructure, as well as boosting goods circulation, regional linkages, and international integration. It is hoped to turn the An Giang border economic zone into one of the eight key zones of the nation.

Per the plan, An Giang will invest more in infrastructure, attract investors, and effectively implement its cooperation agreements on border trade development with Cambodia’s Takeo and Kandal provinces.

An Giang shares a border of nearly 100km with Cambodia. It has two international and two national border gates.