The corridor will form the framework for the national infrastructure system in collaboration with other corridors and economic systems.
Besides, it aims to boost socio-economic development in the related provinces and the broader vicinity.
Particularly, by 2020, the route is expected to gain some 200-220 billion USD, accounting for 70 percent of the total national GDP, and contain 80 percent of the national urban population.
The corridor also targets to receive between 49-50 million tourists, including about 9-9.5 international arrivals, earning 15-16 billion USD.
According to these approved aims, total trade revenue will account for 85 percent of the total North-South corridor, about one third of the national trade value.
Priorities will be given to building a comprehensive infrastructure system with a focus on transport, trade and tourism, and economic zones; training high-quality human resources in conjunction with developing and applying science and technologies; improving administrative procedures; and enhancing the business climate.
Besides, it aims to boost socio-economic development in the related provinces and the broader vicinity.
Particularly, by 2020, the route is expected to gain some 200-220 billion USD, accounting for 70 percent of the total national GDP, and contain 80 percent of the national urban population.
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According to these approved aims, total trade revenue will account for 85 percent of the total North-South corridor, about one third of the national trade value.
Priorities will be given to building a comprehensive infrastructure system with a focus on transport, trade and tourism, and economic zones; training high-quality human resources in conjunction with developing and applying science and technologies; improving administrative procedures; and enhancing the business climate.
