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Development triangle expands area

23/12/2009 Vietnam Net Bridge (Hanoi)

Binh Phuoc province of Vietnam , Champassak province of Laos and Kratie province of Cambodia will be added to the development triangle area in the future.

Ministers and Co-Chairmen of the Joint Coordination Committee on Cambodia-Laos-Vietnam Development Triangle Vo Hong Phuc of Vietnam, Cham Prasidh of Cambodia and Silavong Khutphaythun of Laos and key officials of 10 provinces in the area reached consensus on the expansion at the 4th conference of the committee held in the Central Highlands province of Dac Lak, Vietnam, on Dec. 22.

The three countries also agreed to boost investment cooperation in the development triangle area with long-term and comprehensive projects and build policies to suit laws in each country.

The countries will also draw out plans and conditions for implementation through signed documents at the governmental level.

Each side will prepare human resources for foreign affairs, investment cooperation and trade sectors, as well as coordinate to build a programme on investment promotion and improvement of infrastructure, especially transport, power, and agricultural projects.

The three co-chairmen of the committee proposed to upgrade the website of the committee.

Participants in the conference praised the exchanges of young people among localities in the area and expressed wish that those activities be boosted.

They also agreed that the 5th conference of the committee will be held in Ratanakiri of Cambodia in March 2010.

The development triangle is now covering an area of 111,021 sq.km with 4.2 million people. The area includes Kon Tum, Gia Lai, Dak Lak and Dak Nong of Vietnam , Atopeu, Saravane and Sekong of Laos, Mondolkiri, Ratanakiri and Stungtreng of Cambodia. The area has an important strategic role in politics, economy, society and the ecological environment.

Posted December 23, 2009 by viCheth

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