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Ca Mau takes aggressive steps to stimulate economic development

Authorities are implementing a broad range of approaches designed to achieve significant progress in various areas by the latter half of the year.

Ca Mau takes aggressive steps to stimulate economic development
Ca Mau takes aggressive steps to stimulate economic development

Ca Mau takes aggressive steps to stimulate economic development

Ca Mau Provincial Government Takes Aim at 8% Economic Growth in 2025

The Ca Mau Provincial Government has outlined a comprehensive plan to stimulate economic growth in the region, focusing on key sectors such as agriculture, industry, construction, and services. The ambitious goal is to achieve an economic growth rate of at least 8% in 2025.

The plan, which includes sector-specific growth promotion, administrative reform, infrastructure investment, and anti-corruption measures, is a multidimensional approach to foster sustainable economic development.

Sector-specific Growth Promotion

The Ca Mau Provincial Government aims for robust expansion in agriculture, industry, construction, and services. The target is an 8.8% growth rate in the latter half of 2025, which would result in an overall 8% annual increase in the province's GRDP. This focus on boosting productivity and output in these sectors is designed to drive economic growth.

Administrative Reform and Investment Environment Improvement

The province is intensifying administrative reforms to improve the business environment, facilitate investment, and remove bureaucratic bottlenecks. Particular emphasis is placed on private sector projects to accelerate their progress.

Mobilizing Development Capital and Accelerating Public Investment

Efforts are being made to speed up the disbursement of public investment capital and mobilize resources effectively to support infrastructure and other growth-driving projects.

Infrastructure Development

A flagship project is the expansion and upgrade of Ca Mau Airport, with full land acquisition completed, ready for construction of a new runway and passenger terminal. This will boost connectivity and support development in marine economic sectors, urban growth, and rural development programs.

Focus on Regional Connectivity and New-style Rural Development

Infrastructure investments are designed to enhance regional linkages, promote marine economic sectors, advance urbanization, and accelerate new rural development models.

Anti-corruption and Governance Strengthening

Though explicit details on anti-corruption from Ca Mau alone are not specified, the province is likely to contribute to tackling corruption and improving efficiency in economic management, in line with national directives.

The Road Ahead

The second half of 2025 is seen as a critical window for Ca Mau to demonstrate its ability to implement strategic reforms, mobilize resources effectively, and solidify its path towards comprehensive and sustainable development. Provincial Party Secretary Nguyễn Hồ Hải has called for determined efforts to implement the Party Committee's resolution and the socio-economic plan for the second half of 2025.

However, challenges remain. The agriculture, forestry, and fisheries sector still occupies a disproportionately high share of the province's GRDP compared to the national average. Infrastructure, particularly in transportation, remains fragmented and insufficiently connected. Climate change and natural disasters continue to pose serious threats to the province, affecting several areas.

Ca Mau is committed to fighting corruption and waste, promoting transparency, and efficiency in public service. Economic restructuring is aligned with support for the private sector, scientific and technological innovation, digital transformation, and an entrepreneurial spirit. These issues are not only threats to local livelihoods but also hinder the province's long-term sustainability goals.

The Ca Mau Provincial Government's comprehensive plan, with its focus on sector-specific growth, administrative reform, infrastructure development, and anti-corruption measures, offers a promising path towards sustainable economic development in 2025.

  1. The Ca Mau Provincial Government's plan to achieve 8% economic growth in 2025 includes the promotion of sector-specific growth in agriculture, industry, construction, and services, aiming for an 8.8% increase in the latter half of 2025.
  2. To facilitate investment and remove bureaucratic bottlenecks, the province is also intensifying administrative reforms, particularly focusing on private sector projects.
  3. Infrastructure development is a key element of the plan, with the expansion and upgrade of Ca Mau Airport as a flagship project designed to boost connectivity and support marine economic sectors, urban growth, and rural development programs.
  4. Climate change and natural disasters pose serious threats to Ca Mau, affecting several areas, and the province is committed to fighting corruption and waste, promoting transparency, and efficiency in public service as part of its strategy to support long-term sustainability goals.

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