Steel reliance to be reduced in Ha Tinh

The hall of the Ministry of Planning and Investment (MPI) last Wednesday was packed with experts and scientists who were attending a meeting of the Appraisal Council of the central province of Ha Tinh’s master planning for the 2021-2030 period, with a vision until 2050. The draft planning will be submitted to the prime minister for consideration and approval.

In line with the Law on Planning, the master planning is built up by US-based global management consulting firm Boston Consulting Group in combination with Ha Tinh province and feedback from ministries, experts, and scientists.

The planning will pave a new way for Ha Tinh, whose economy is flourishing with a focus on industrial development, to make great strides forward to become a developed locality over the next decade. It will also help the province fully tap into its great potential.

In the 2011-2020 period, Ha Tinh developed vehemently, from a poor province to one of the localities taking the lead in economic growth. Thanks to great efforts in attracting foreign direct investment, improving infrastructure, and removing difficulties for the business community, Ha Tinh has made major contributions to the socioeconomic development of the north-central region.

Ha Tinh hit an average annual growth rate of 11.5 per cent in the 2011-2019 period and a GRDP scale of 78 trillion ($3.39 billion) in 2019.

“In the 2021-2030 period, the province continues setting a goal of high economic growth and becoming one of the development pillars of the north-central region and the central coastal region. Thus, Ha Tinh needs high-quality master planning in order to materialise this ambitious goal,” said Hoang Trung Dung, Secretary of Ha Tinh Party Committee.

Ha Tinh borders Nghe An province to the north, Quang Binh province to the south, Laos to the west, and the East Sea to the east with a 137km coastline.