Mong Cai Border Gate Economic Zone – magnet for investments

26/09/2019, 10:52

The EZ, established in 2012, consists of the entire Mong Cai city along with nine communal-level localities of Hai Ha district. It has a total area of 121,197 hectares, including 66,197 hectares of land and 55,000 hectares of sea.Mong Cai is among nine border gate EZs nationwide prioritised for investment during 2016-2020 with a view to driving dynamic and sustainable economic development in the province and the northern key economic zone as a whole.Quang Ninh also considers Mong Cai one of the two economic hubs of the province.During 2012-2018, the EZ received nearly 3.3 trillion VND (142 million USD, current exchange rate), with 689 billion USD from the central budget, more than 2.34 trillion VND from the provincial budget and the remainder from local budget, to complete urban and transport infrastructure, serving tourism and service development.Local transport infrastructure...

Mong Cai International Border Gate of Quang Ninh province (Photo: VNA)

Source: VNA

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