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Hai Phong should become shipbuilding centre: PM

Hai Phong should try to attract investment and foreign partners to become a mechanical engineering and shipbuilding centre of the country, Prime Minister Nguyen Tan Dung said at a working session with key officials of the northern port city

Hai Phong should try to attract investment and foreign partners to become a mechanical engineering and shipbuilding centre of the country, Prime Minister Nguyen Tan Dung said at a working session with key officials of the northern port city on October 3.

Hai Phong should become shipbuilding centre: PM - 1
Prime Minister Nguyen Tan Dung works with Hai Phong city’s key officials (Source: VGP)

He urged Hai Phong to continue with restructuring efforts and to make full use of major infrastructure projects in the region,−which are nearly completed−to maintain its growth impetus.

The PM said the Cat Bi Airport, the Hanoi-Hai Phong and Hai Phong-Quang Ninh Highways and the Lach Huyen international port are expected to create new breakthroughs in socio-economic development in not only Hai Phong but other localities as well in the Hanoi-Hai Phong-Quang Ninh development triangle.

According to the municipal People’s Committee’s report, the city recorded a GDP growth rate of 7.86% in the first nine months of this year and is likely to achieve an 8.3% growth for the year. Export earnings in the period reached nearly US$2.5 billion while FDI attraction is estimated at nearly US$1.2 billion. Hai Phong port, one of the largest in the northern region, handled nearly 45 million tonnes of cargo in the nine-month period.

Source: VNA
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