Thua Thien-Hue pours nearly US$52 bln into support industry
The central province of Thua Thien-Hue has decided to pour nearly VND52 billion (US$2.26 million) into the support industry between now and 2025, towards meeting nearly 35% and 55% of local demand for industrial manufacturing by 2020 and 2025, respectively.
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Accordingly, VND24.65 billion (US$1.07 million) will be earmarked for 2017-2020 and the remaining for 2021-2025.
Priority fields will include support industry for garment, leather and footwear; metallic, plastics and rubber spare parts and those used for electricity and electronics.
In the foreseeable future, an industrial centre for garment sector will be based in Phong Dien industrial park to serve the whole central region and the country.
The province is calling for building a high-quality factory to churn out parts of shoes as support industry products for the footwear sector, and developing projects on manufacturing fabric and materials for the garment sector.
By 2020, Thua Thien-Hue endeavours to produce more than 100,000 tonnes of fiber and 20 million metres of fabric. The respective figure by 2025 will be 150,000 tonnes and over 45 million metres.
Support industry products for the garment sector are expected to meet more than 70% and 80% of local demand by 2020 and 2025, respectively. The respective figure for medical equipment and electricity-electronics will be over 35% and 55%.
The province will also give priority to support industry in service of high-tech industry, including software and services, machinery maintenance and repair, among others.
