Giving a boost to regional linkage in economic restructuring
VOV.VN - All localities will be given incentives to full tap their potential and advantages to shape appropriate economic structure and enhance regional linkage in order to generate momentum for the country's socio-economic development.
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Georg Christian Berger, German Ambassador to Vietnam, said close cooperation among localities is the prime condition for socio-economic development. Public and private partnership will produce higher efficiency.
“The Ruhr region of western Germany is an example of economic development. It was a heavy industrial hub in the post-war period. When mines and steel refinery plants closed, the region had to recover its economy. It had shifted to knowledge-based industries such as science and technology and communications. 15 local administrations cooperated to establish an economic hub,” he said.
Mr Hue said in order to remove geographical divisions and scattered investment projects, it is essential to establish special economic zones.
“We need to promote the advantages of each locality while giving priority to locomotive economic region to motivate other regions. It’s necessary to have incentives for disadvantaged areas, develop agro-forestry, and reform the management mechanism to enhance the duties of the local and central administration," he added.