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Economic HubMonday, 12/11/2006, 03:30

HCM City to strive for annual industrial growth of 13%

HCM City will try to achieve an annual industrial growth rate of 13% from now to 2010, according to a decision of the HCM City People’s Committee approving the city’s industrial restructuring program in the 2006-2010 period
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HCM City to strive for annual industrial growth of 13%

 

HCM City will try to achieve an annual industrial growth rate of 13% from now to 2010, according to a decision of the HCM City People�s Committee approving the city�s industrial restructuring program in the 2006-2010 period.

 

Under this program, the city will give priority to developing mechanical engineering, electronics and information technology, chemicals and food processing industries. It will also support industries that bring in high export revenues such as textile, garment, footwear, furniture and handicraft.

 

The city will implement solutions on zoning, investment and management assistance to achieve these targets.

 

(Source: The HCM City People's Committee)


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