The Mekong Delta city of Can Tho is striving for an average Gross Regional Domestic Product (GRDP) of 7.5-8 percent per year by 2020, said Director of the city Department of Planning and Investment Nguyen Van Hong.
Can Tho (VNA) – The Mekong Delta city of Can Tho isstriving for an average Gross Regional Domestic Product (GRDP) of 7.5-8 percentper year by 2020, said Director of the city Department of Planning andInvestment Nguyen Van Hong.
The figure was released at a meeting between Can Tho leaders and aworking group from the Steering Committee for Southeastern Region on theoutcomes of five-year implementation of the Politburo’s Conclusion 28-KL/TW onsolutions to socio-economic development and security and defence of the MekongDelta region for the 2011-2020 period.
Along with the target of 11 billion USD in total exports in the2015-2020 period, Can Tho also expects a budget collection rise of 11 percentper year, he said. The city’s annual poverty reduction is hoped to reach 1.5percent per year, he said, adding that Can Tho aims to have all 36 communes tobe recognised as new-style rural areas.
At the meeting, the municipal Party Committee proposed that theGovernment soon issue a legal document defining regulations on special mechanismsregarding investment, finance, budget and decentralization for Can Tho, whileallocating capital for the building of important transportation projectsconnecting Can Tho and other localities in the region, including My Thuan-CanTho bridge, the upgrade of the National Highway 91.
Son Minh Thang, Vice Chairman of the Steering Committee for SoutheasternRegion lauded Can Tho’s efforts and achievements in implementing Conclusion 28,making it the political, economic and cultural driving force of the region.
Thang asked the city to roll out measures to attract more investment tofurther promote its socio-economic development.
Earlier, the committee also inspected underway and planned projects andworks in the city.-VNA
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A view of Can Tho bridge (SOurce: VNA) 
