Binh Phuoc urged to double per capita income

Binh Phuoc provincial authorities granted investment certificates to 24 domestic and foreign-invested projects worth 1.2 billion USD at a conference on Monday.

The investment promotion conference is the largest of its kind in the Southeastern province,over the past 20 years. Prime Minister Nguyen Xuan Phuc underlined Binh Phuoc's advantages including geographical location, favorable weather, natural resources and transport. He urged the province to double the number of businesses and per capita income by 2020.

Provincial leaders should continue to meet with entrepreneurs frequently,to get their feedback and help iron out their difficulties. Binh Phuoc should be well aware of its untapped potential like tourism, to find neat solutions to drawing investments. The province boasts various stunning attractions like Suoi Lam lake and Dinh waterfall, and Hoa Lu border gate which serves as a gateway for trade and exchanges of culture and friendship, between Vietnam and other ASEAN states, Prime Minister Phuc suggested.

Binh Phuoc is expected to have 13 industrial parks by 2020. The province is located on the economic corridor of the Southeast region, the Central Highlands, Thailand, Cambodia, and Laos. It is calling for investment in high-tech and organic agriculture, in addition to farm produce processing.

Source: VOV5