Prime Minister gives green lights to border gate economic zones

Dec 24, 2020 / 04:11 PM

Prime Minister Nguyen Xuan Phuc has allowed localities to use state capital and social resources to upgrade eight border gate economic zones in the period 2021-25.

Prime Minister Nguyen Xuan Phuc has agreed on the plan to select eight border gate economic zones as investment priorities for the 2021-25 period.

Lao Cai International Border Gate.

These include border gate economic zones of Mong Cai (Quang Ninh province), Dong Dang – Lang Son (Lang Son province), Lao Cai (Lao Cai province), Cao Bang (Cao Bang province), Cau Treo (Ha Tinh province), Lao Bao (Quang Tri province), Moc Bai (Tay Ninh province) and An Giang (An Giang province).

PM Phuc tasked the Ministry of Planning and Investment (MPI) to instruct related cities and provinces in utilizing state capital and social resources to upgrade existing infrastructure system to ensure the sustainable development of border gate economic zones.

Local people’s committees are responsible for setting up investment portfolio in compliance with objectives, criteria and amount of funds allocated for public investment in the 2021-25 period.

Mr. Phuc called for greater responsibilities from local authorities in providing state and local funds to support the development of border gate economic zones, especially eight in the priority list.

Government agencies should ensure funds allocated for border gate economic zones are used for the right purpose.

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