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Ninh Thuan develops maritime economy

The People’s Committee of the south central coastal province of Ninh Thuan has just approved a project to develop local maritime economy by 2020 in a comprehensive and modern way.
Ninh Thuan develops maritime economy ảnh 1Binh Tien beach in Ninh Thuan province (Source: internet)

Ninh Thuan (VNA)
– The People’s Committee of the south central coastal province of NinhThuan has just approved a project to develop local maritime economy by 2020 ina comprehensive and modern way.

Under the plan, the locality will focus its investments in key sectors such asaquatic farming and sea-based tourism.

Chairman of the provincialPeople’s Committee Luu Xuan Vinh said Ninh Thuan aims to develop a legalframework and measures to mobilise resources for constructing socio-economicinfrastructure, coastal urban areas, and implementing social welfare policies,vocational training, job generation and climate change adaptation.

By 2020, the sea-basedeconomy is expected to account for 38-40 percent of the local GDP, generate 17– 17.5 trillion VND (767.75 million USD) in production and service value, andmake up 46-47 percent of the province’s total export values, according to Vinh.

The province alsocontinues implementing the Government’s policies on support for local fishermento work offshore and the development of high-capacity fishing vessels, whilesetting up offshore fishing teams to safeguard the country’s sea and islandssovereignty.

According to theprovincial Department of Planning and Investment, over 10 trillion VND (438.7million USD) has been mobilised from 2011 – 2016 for maritime economic development.Maritime economic sectors contributed 25.2 percent of the province’s GDP andcreated jobs for over 41,000 labourers.
 The province has 2,754vessels with a combined capacity of 299.696 CV, including 159 offshore fishingones.

As of March, 145 fishingteams with the involvement of 885 vessel owners have been set up to supporteach other during their offshore work.

Ninh Thuan, withover 105 kilometres of coastline, is among the nation’s major fishing grounds,offering over 60,000 tonnes of aquatic products per year for processing andexports.

The province alsoboasts its sea-based tourism potential thanks to favourable natural conditionand such beautiful beaches as Vinh Hy, Binh Tien, Ninh Chu, Ca Na. It also hashuge potential for wind-power and solar-power development.-VNA
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