Kien Giang Province plans to improve infrastructure at six industrial clusters by 2020 and 14 by 2025 to improve the production value of its industries.
By 2020, more than VND2 trillion (US$88.7 million) is expected to be spent on infrastructure, and more than 17,620 new jobs would be created.
The clusters’ production value is expected to be between $52 million and $105 million per year, focusing on agriculture, forestry, fishery, supporting industries, construction materials and foodstuff.
By 2025, the eight remaining clusters would be developed.
Mai Anh Nhin, deputy chairman of Kien Giang People’s Committee, said the province would industrialise its agriculture and focus more on processing industries.
The province is working on improving its investment climate and policies.
Investors of infrastructure in the industrial clusters would receive governmental assistance in soft bank loans, land funds and workforce training, as well as administrative procedures and construction permits.
Kien Giang, one of the Mekong Delta’s key economic regions, is seeing an increasing number of investors in Rach Gia, Ha Tien and Phu Quoc.