Top law maker praises Quang Ngai for economic growth

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Top law maker praises Quang Ngai for economic growth
National Assembly Chairman Nguyen Phu Trong has praised Quang Ngai Province for its economic achievements in the past eight months despite high national inflation.

During Trong’s visit to the central province Tuesday, provincial leaders told him the province’s industrial growth had reached 13.7 percent year on year to almost VND2.2 trillion (US$133 million).

As a result, budget revenues were estimated at VND940 billion ($57 million), meeting 62 percent of the yearly target.

Its Dung Quat economic zone has sofar licensed 165 investment projects with a combined capital of about VND11 billion ($666,000).

Fifty of the projects are expected to become operational by December, providing jobs for 11,500 workers.

The top law maker gave especial praise to the success, especially in maintaining people’s living conditions, in light of raging world inflation.

He also commended the province for reducing the poverty rate to 22.73 percent, just less than the yearly target of 22 percent.

For the immediate future, the legislative leader advised the provincial administration to focus on poverty reduction, speed up afforestation and improve local education and human resource development.

Trong also heard proposals by provincial authorities for the province’s economic growth which included a plan to expand the Dung Quat economic zone southward by more than four times to 50,000 hectares to connect with the My Han deep-water sea port.

The local administration also asked for central Government support for a road construction project around the Dung Quat-Sa Huynh coastline.

Source: VNA

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