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Potentialities and Strengths of the Mekong Delta Key Economic Zone

Potentialities_and_Strengths_of_the_Mekong_Delta_Key_Economic_Zone_1VIETRADE - The Mekong Delta Key Economic Zone includes four provinces and cities directly under the central authorities of Can Tho, An Giang, Kien Giang and Ca Mau, with the natural area of  1,786.7 thousand hectares, and a population of over 6.5 million people, making up more than 1/3 of the population of the whole region. 

 

Over the past years, this region has played the role of a center for rice producing, aquaculture, marine products catching and processing, contributing much to the expor-tation of agricultural and marine products of the whole country.

 

In the coming years, the Mekong Delta Key Economic Zone is assigned by the Government to continue to play the role of a big economic center of the Mekong Delta for rice producing, aquaculture, marine products catching and processing, contributing much to the exportation of agricultural and marine products of the whole country; to play an important role in bio-technology transferring, supplying breeds and technological services, processing and exporting agricultural products for the whole Mekong Delta region; to play the role of a bridge for the regional economic integration and hold an important position on national security and defense.

 

The Mekong Delta Key Economic Zone has fertile soil, which is very favorable for agricultural development. The coastline makes up over 10% of that of the whole country with the economic exclusive zone; the continental shelf has large marine products potentiality that can be exploited 350-400,000 tons a year; the intertidal zone has an area of hundreds of hectares that are favorable for fresh water marine products; the sea bed and the continental shelf have many kinds of mineral of large reserves. It also shares border with Cambodia with many international and national border gates. The quantity of goods traded via these border gates keep increasing year after year, making a closed relation between the Mekong Delta and Cambodia, Thailand and Myanmar over the past years.

 

The Mekong Delta Key Economic Zone holds a very important geographical position in economic trading with the provinces in the area, the Southeastern region, the Western Highlands, the whole nation, and especially with Cambodia and Thailand (via water and in-land border gates).

 

The Mekong Delta Key Economic Zone is the big energy center of our nation including three electric centers of O Mon, Ca Mau, and Kien Luong with the total output capacity of about 9,000-9,400 MW, and some gas mines in the southwestern waters which are being exploited. Lying next to the dynamic economic developing area of the Southeast and Cambodia–a young and potential market–the Mekong Delta Key Economic Zone also has large potentialities on many services that have not been exploited yet.

 

Can Tho City is the center of the Mekong Delta Key Economic Zone and the gateway to the whole region. It is also the big service center having a fast developing pace and the bridge for the region’s regional and international economic integration.

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Therefore, in the coming years, the Government will build Can Tho City as well as the Mekong Delta Key Economic Zone into the biggest service center (education–training, health, science–technology, commerce, etc.) and tourist center of the whole country.

 

The development targets of the Mekong Delta Key Economic Zone are determined as follows: “To build the region into a dynamically developed region having modern economic structure and contributing more and more to the national economy as well as the economy of the Mekong Delta. The cultural and social aspects of the region can keep pace with those of the whole nation; the average GDP growth rate in the period of 2011-2020 is 1.25 times higher that of the whole nation; GDP per capita reaches US$ 3,000; the ratio of GDP paid to the nation is about 13.3% in 2020; the political stabilization and national defense are secured.

 
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