Hanoi (VNA) – The Long An Border Gate Economic Zone in the MekongDelta province of Long An is identified as an economic, cultural-social centrein the province, an official said.

During a recent interview with the Vietnam News Agency, Nguyen Van Duoc, Vice Chairmanof the provincial People’s Committee, said the Long An Border Gate EconomicZone serves as a bridge between Ho Chi Minh City and 12 provinces in the southerndelta region, as well as a trade hub linking the Greater Mekong Sub-regions.

It also shares a western border with Cambodia.

Approved by the Prime Minister in 2015 with orientation to 2030, the Long AnBorder Gate Economic Zone has an area of over 13,080ha, including Binh HiepInternational Border Gate Economic Zone and Long Khot Sub-Border Gate, both inBinh Hiep commune in Kien Tuong town.

Nguyen Van Vu, Chairman of the Kien Tuong Town People’s Committee, said in thepast two years, Kien Tuong has created favourable conditions for thedevelopment of trade and services, focusing on mobilising investment resourcesfor the development of the Binh Hiep Border Gate.

Kien Tuong Town’s authorities have cooperated closely with the authorities ofLong An province to upgrade infrastructure systems and create a land fund ofmore than 100ha to be ready to welcome investment flow from domestic andforeign investors for the Binh Hiep Economic Zone.

The Management Board of Long An’s Economic Zones has granted the investmentregistration certificate for a project of Tainan Enterprises Co Ltd, with anarea of some 17ha. The company has been in operation since the end of2016, with total investment of more than 65 million USD, creating employmentfor some 2,000 local workers.

According to Truong Van Trieu, head of the Management Board of Long An’s EconomicZones, in recent years, there have been many domestic and foreign investorsexpressing keenness to invest in the Binh Hiep Border Gate Economic Zone.

Trieu said all investment projects in the Binh Hiep Border Gate Economic Zoneenjoy incentives in corporate income tax and personal income tax.

“The management board will create favourable conditions for enterprises wheninvesting in the Binh Hiep Border Gate Economic Zone and to access medium-termloans with preferential interest rate,” Trieu said.

Tran Van Can, Chairman of the Long An People’s Committee, said the province islooking forward to the Government’s investment capital allocation in theexternal transport system linking the Binh Hiep Border Gate Economic Zone withthe southern key economic region and HCM City, building socio-economictechnical infrastructure in the area.

Can said in the future, Long An province will continue to create a healthybusiness environment to attract investment in the Long An Border Gate EconomicZone.

“The province will prioritise hi-tech and environmentally friendly projects,developing the Binh Hiep Border Gate Economic Zone in a sustainable andfriendly manner, ensuring border security,” he said.-VNA