Kien Giang promotes border trade with Cambodia
Southern Kien Giang province will further promote cross-border trade with Cambodia in the remaining months of this year, aiming to realise the target of US$180 million in two-way trade.
Towards this goal, the province is accelerating the building of border markets under a 2010-2020 plan and infrastructure facilities at border gates, thus attracting more enterprises to invest in export-import activities in border areas.
Kien Giang authorities have signed cooperation agreements with a number of neighbouring Cambodian provinces to boost trade promotion and expand market for local products.
At the same time, the locality worked closely with Cambodia’s forces in fighting cross-border smuggling and trade fraud, especially in small roads and subsidiary border gates.
Kien Giang shares almost 60 kilometres of land border with Cambodia, with the Ha Tien international border gate and Gia Thanh national border gate.
Since the beginning of the year, the locality posted a cross-border trade turnover of over US$130 million, up 30 percent over the same period last year.
The province exports mainly processed food, household goods, cattle-feed and aquatic products.