November 20, 2023 | 10:40 GMT+7

Ca Mau to become a marine economic hub by 2050

Bình Minh -

Southernmost province expected to be a relatively developed locality in the Mekong Delta by 2030.

The Mekong Delta’s Ca Mau province is set to become a marine economic hub of Vietnam by 2050, the Government News has reported.

The Hon Khoai Seaport Complex, the Nam Can Economic Zone, and Ong Doc Port will be built in connection with the development of other industrial parks and coastal urban areas.

These form part of the development planning for Ca Mau province in the 2021-2030 period with a vision to 2050, approved in a newly-signed decision by Deputy Prime Minister Tran Hong Ha.

The province is expected to become a relatively developed locality in the Mekong Delta by 2030, and by that time will have a synchronous, modernized infrastructure network, a workforce that satisfies requirements for development, and an ecosystem that has effectively adapted to climate change.

Ca Mau is striving for an average annual gross regional domestic product (GRDP) growth rate of over 7.5 per cent in the 2021-2030 period and for GRDP in 2030 to be 2 to 2.5-fold higher than in 2020.

The province’s economic structure is to be as follows: the agriculture, forestry, and fishery sector is to account for about 23 per cent, industry and construction about 36.5 per cent, and services about 37 per cent.

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