Chairman of the provincial People’s Committee Huynh Khanh Toan said Quang Nam province is coordinating with Sekong to ramp up investment in building infrastructure to serve border trade development, while directing the People’s Committees at border districts to upgrade rural roads, support underprivileged people and protect forests, natural resources.
Quang Nam province has invested in building the Nam Giang border economic zone. The central province also improves its transport system and monitoring stations at the Vietnam-Laos shared borderline. It built specific programmes to attract investment from businesses into the border areas, facilitate goods exchange and encourage trade activities.
In addition, the province stepped up inspection of goods quality and food safety and called on businesses to invest in trade projects, technical economic infrastructure, and markets in border communes and districts.
The Quang Nam province’s authorities has also implemented the Vietnam – Laos border trade agreement and the Prime Minister’s Decision No.52/2015/QD-TTg issued in October 2015 on the management of trade activities with shared border countries.
Director of the provincial Department of Industry and Trade Nguyen Quang Thu said authorities have suggested Lao partners pay more attention to developing the transport system at Tay Giang border gate to pave the way for the bilateral goods exchanges.
Local authorities proposed the Government increase the annual investment capital to 50 billion VND (2.25 million USD) to develop border gates, especially building border markets in Nam Giang and Tay Giang districts, and improve infrastructure at Nam Giang border economic zone.
The import-export turnover via Nam Giang border gate in the first six months of 2016 reached nearly 6.5 million USD. Quang Nam mainly exported machinery, equipment and construction material, while importing timber and electricity.
Apart from supporting enterprises to increase trade promotion and direct exports with Laos , Quang Nam also works to preserve the special cooperative ties with Sekong to jointly deal with any issues affecting their economic and trade development.
