The Mekong Delta province of An Giang targets a border gate export growth of 11-12 percent in the 2025-2030 period, with a value of over 1 billion USD by 2030, according to a recently approved scheme on the province’s border trade development by 2025, with vision to 2030.
Meanwhile, the imports are expected to grow 13-15 percent during the period, hitting 65 million USD in turnover by 2030, said Vo Nguyen Nam, Director of the provincial Department of Industry and Trade.
Under the plan, the export of goods via the province’s border gates will grow 7-8 percent by 2020, reaching a value of 400 million USD. The respective figures for the 2021-2025 period will be 9-10 percent and 650 million USD.
The border gate export turnover is set to account for over 40 percent of the locality’s total exports in 2020 and 45 percent in 2025, while the figures for imports will be 30 percent and 35 percent, respectively.
In addition, the Khanh Binh border gate will be upgraded to an international one in the period to 2020 and the Vinh Xuong border gate by 2025.
The scheme also mentions several border trade development solutions such as completing mechanisms and policies, upgrading trade infrastructure in border areas, developing logistics and other support services, improving the province’s competitiveness, promoting trade and building brand names, and developing supply and value chains.
According to Nam, the department will coordinate with relevant agencies and People’s Committees of districts and townships to devise action plans for the implementation of the scheme.
VNA