Long An sets example of industrialisation in region

by VTV415 October 2015 Last updated at 16:15 PM

VTV.vn - Long An Province has set a target of becoming a modern industrial region in the 2016-2020 period.

To prepare for this, the province has made many breakthrough achievements in industrial development. Evidence of Long An’s industrial progress can be seen at the Thuan Dao Economic Zone. With over 160 million USD in investment capital, the operation has attracted many foreign investors. Its multi-disciplinary facilities for textiles and furniture have been making great profits.

"This is a great investment market. The local authorities are assisting us in the legal process. In 2010, our export turnover reached 1 million USD. This year, the number has increased to 2.5 million", said Luong Van Nga, Director, KODA Corporation Ltd, Thuan Dao Economic Zone, Long An Province.

With Ho Chi Minh City not far away, Long An Province holds a strategic position as a gateway into the Mekong Delta Region.  With this advantage, Long An now has 28 Economic Zones, with a 54% occupation rate. The province also boasts 550 FDI projects and 6,000 domestic businesses with facilities based in the region. This has brought Long An to the top spot in terms of import-export turnover.

With these achievements, Long An Province promises to advance even further with many future projects to come. This makes the next 5-year development term a promising period for achieving set targets and establishing itself as a leader of economic development in the region.

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