Tan Uyen’s economy obtains growth

Since early this year, thanks to the integral efforts by the local government and people, Tan Uyen town’s economy has continued gaining stable development, contributing to improving the local urban image.

Economic growth

The town’s industrial production value in the first half of 2017 was estimated at more than VND7.84trillion, up 11.64% compared to the same period last year.

Of these, the domestic investment sector reached more than VND2.63trillion, up 10.5% while the foreign investment sector obtained more than VND5.21trillion, up 12.22%.

A glance of Tan Uyen at present

The town’s agro-forestry and fishery production value was also estimated at VND236.3billion, up 1.03% against the same period last year. The town’s total farming area with hi-tech application surged 96.5 hectares.

Also during the period, the town concentrated on completing procedures of upgrading DH423, DH425…with a total value of capital disbursement for public investment reaching VND113billion; formed up trading-residential areas at locals’ demand…

Doan Hong Tuoi, Chairman of the town ‘s People’s Committee said that the town’s economy in the first half of 2016 continued developing with most targets seeing growth compared to the same period last year. The town also bent on urban rejuvenation.

Animation of investors

Right from early 2017, Tan Uyen town’s People’s Committee has put focus on carrying out plans and programs to absorb investors and arrange investment points in line with the development orientations of the province…

There were 63 domestic investment projects and 18 FDI ones granted licenses to work in the town over the past six months. So far, the whole town has had a total of 783 domestic investment projects capitalized at more than VND9.17trillion and 483 FDI ones with a total registered capital of more than US$3.17trillion.

Currently, town-based investment projects are arranged into industrial parks with perfected infrastructure systems, namely South Tan Uyen, Tan Hiep…, in line with the province’s policy on investment attraction. The town also opportunely dredged Cai stream, developed infrastructure connecting with industrial parks, compounds and residential areas…

In the coming time, the town will be drastic to victoriously realize tasks on socio-economic development, national defence-security in 2017; continue absorbing investment projects in line with urban development orientations as well as regulations of provincial People’s Committee on industries for investment attraction; regularly inspect and monitor over the implementation of plans approved…

As planned, the town’s industrial production value for 2016-2020 and 2021-2015 will reach the annual growth of 11%-13%. The town’s total retail sales revenue of commodities and services for 2016-2020 will surge 18%-19% a year. Agricultural production value for 2021-2020 will see the annual growth of 1%-2%. Whilst, State budget collection for 2016-2020 will gain the annual growth of 15%. The average income of locals till 2025 will be between VND145million and VND150million per year. Till 2020, the town will basically escape poverty under the province’s poverty line. The rate of the local laborers trained till 2020 and 2015 will reach 80% and 90%...

Reported by Quynh Nhien-Translated by K.T

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