Ben Cat’s economy gets high growth

Update: 07-12-2017 | 10:02:30

In 2017, thanks to having many solutions implemented drastically and effectively, Ben Cat town reached an economic growth of 23.5% compared to 2016.

Ben Cat town’s industrial manufacture, trade and services in 2017 continued maintaining high growth. Particularly, the town’s total production value obtained more than VND 97.7trillion, up 18.7% compared to 2016. Of these, industrial production value grew by 16.2%; trade-services by 31% and agriculture by 5.2%. Especially, the town’s State budget collection was estimated at more than VND1.7trillion, up 12% of the province’s plan.

Production of Kuhom Tire Vietnam Co.Ltd. in the My Phuoc Industrial Park

According to leaders of the town, in order to get the above results, the town put forward proper solutions, plans right from early year plus the efforts by sectors and authorities at all levels of the town in realizing the set plans.

In terms of investment, the town continued attaching special importance to administrative reform; coordinated with Becamex IDC to create “clean” fund and make infrastructure investment in order to absorb more investors; simultaneously mobilized all economic sectors together with the State to build up a spacious and modern urban image.

Masaaki Takida, Chairman of Japan’s Punch Industry Corporation said that Ben Cat town owns a synchronous and perfect infrastructure system, well meeting investors’ needs, so the corporation bravely built its project-Punch Industry Manufacturing Vietnam Co.Ltd. in the My Phuoc 3 Industrial Park.

For 2018’s economic development plan, the town will realize a target of further stabilizing its economy with reasonable growth…Huynh Thu Lap, Vice-Chairman of the town’s People’s Committee said that the town will take major solutions for the above target, including further realizing preferential policies, creating an open investment climate for investors; developing projects under the list of investment encouragement, minimizing those using a large number of laborers, having the risk of causing environmental pollution and being invested outside industrial parks; promoting services, calling for socialization in building markets, plazas…

He affirmed that with the above-mentioned solutions, it is believed that the town will continue reaching stable and high economic growth with the lives of people improved in 2018.

The district has also set some major targets on economic development in 2018, comprising total production value at more than VND115.7trillion, up 18.4% compared to 2017; economic structure with 78.8% in industry, 20.7% in services and 0.5% in agriculture; average income per capita at VND 93.2million; State budget collection at more than VND2.07trillion, up 35% against 2017…

Reported by Thoai Phuong-Translated by K.T

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Ben Cat’s economy gets high growth

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