Southern Key Economic Zone Continues to Lead Country in Exports and Growth
Many observers and officials, have noted that each province or major city in the zone should focus more attention on enhancing its particular areas of advantage in terms of exports and development. Dr. Tran Du Lich, the director of the Ho Chi Minh City Institute for Economic Research in a quote in issue No 2/2009 of Vietnam Economic News said that it is necessary to identify the comparative advantages of each locality in the SKEZ. In his opinion, SKEZ localities must complement each other rather than compete with each other. He went on to note that provinces like Binh Duong, Dong Nai and Binh Phuoc had advantages in manufacturing while Ho Chi Minh City because of its larger urban populace had advantages in services, information technology and higher value added areas.
Weak Infrastructure including crowded roads and a lack of deep water seaports and rising pollution levels remain a concern for the SKEZ, just as they are for the entire country. Despite this, foreign and local investors find this area more entrepreneurial and easier to work with and consequently investment continues to rise.
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