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Economics

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Ben Cat’s economic growth reaches 23.5% in 2017

Early November 21, Ben Cat town’s People’s Committee held a meeting to approve contents about the local socio-economic development, national security-defence in 2017 and discuss orientations, tasks for 2018.

The town’s socio-economic situation over the past ten months continued reaching stable growth. The town’s economic growth was at 23.5%. The town also made the shift of economic structure with 80.6% in industry, 18.9% in services and 0.5% in agriculture. The town’s total production value grew by 18.7% compared to 2016. The town also disbursed more than VND245billion in basic construction capital, up 36.9% compared to 2016 or 99.14% of 2017’s plan.

In 2017, the town absorbed 409 investment projects capitalized at more than VND2.6trillion and US$136.4million. The town’s total State budget collection was estimated at more than VND1.7trillion, up 12% of the province’s plan. The town also paid more attention to education-training and healthcare; gave good care for social policy beneficiaries; maintained political security, social order-security…

The town has set some targets on economic development in 2018, including reaching more than VND115.7trillion in total production value; VND93.2million in the average income per capital per year; more than VND1.8trillion in State budget collection; more than VND817billion in State budget spending; more than 99% of the rate of households in use of clean water and power…

Reported by Trinh Nga-Translated by K.T

Tags: Ben Cat

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