Can Tho out in front of Mekong progress

Other 09:24 13/09/2014 499
Ten years after becoming a centrally governed city, Can Tho has been identified as the spearhead of socio-economic development in the Mekong Delta.

Speaking at a press meeting to celebrate ten years as a central city on 24 December 2013, Tran Thanh Man, Secretary of Can Tho Party Committee, said the city's economy grew at an average of 14.5 per cent a year in the 2004 - 2013 period, with its size reaching VND62.6 trillion (nearly US$3 billion) this year, a 3.5-fold increase from 2004.

The city's agriculture and aquaculture sector rose by 2.86 per cent; the industrial and construction sectors 17.22 percent; and the service sector by 17.54 percent.

This year it also attracted 58 foreign direct investment projects with total registered capital of $885 million, nearly six times the 2004 figure.

The average income of its inhabitants has risen from VND10.3 million in 2004 to VND62.9 million (nearly $3,000) now, according to figures released at the press meeting. 

Four new universities have been established and 83 of the city's communes are linked by proper roads.

Other major infrastructure development include a terminal at Can Tho International Airport, Cai Cui Seaport, Can Tho Bridge, and the first turbine of the O Mon Thermal-power plant.

Can Tho has introduced an "electronic one - stop" mechanism at all administrative agencies from the commune to city levels.

The level of sastisfaction with administrative processes has greatly improved, according to authorities.

(Source VNA)

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