Can Tho aims for 8 percent GRDP growth by 2020

The figure was released at a meeting between Can Tho leaders and a working group from the Steering Committee for Southeastern Region on the outcomes of five-year implementation of the Politburo’s Conclusion 28-KL/TW on solutions to socio-economic development and security and defence of the Mekong Delta region for the 2011-2020 period.

Along with the target of US$11 billion in total exports in the 2015-2020 period, Can Tho also expects a budget collection rise of 11 percent per year, he said. The city’s annual poverty reduction is hoped to reach 1.5 percent per year, he said, adding that Can Tho aims to have all 36 communes to be recognised as new-style rural areas.

At the meeting, the municipal Party Committee proposed that the Government soon issue a legal document defining regulations on special mechanisms regarding investment, finance, budget and decentralization for Can Tho, while allocating capital for the building of important transportation projects connecting Can Tho and other localities in the region, including My Thuan-Can Tho bridge, the upgrade of the National Highway 91.

Son Minh Thang, Vice Chairman of the Steering Committee for Southeastern Region lauded Can Tho’s efforts and achievements in implementing Conclusion 28, making it the political, economic and cultural driving force of the region.

Thang asked the city to roll out measures to attract more investment to further promote its socio-economic development.

Earlier, the committee also inspected underway and planned projects and works in the city.