An Giang Province - Border Market Attracts Attention

In the past, the Khanh Binh border economic zone of An Phu district brought a breath of fresh air to the border area. Here, enterprises have the chance to advertise their products to consumers and partners. Khanh Binh border economic zone has great potential, of which investment into this area and transport of goods to Cambodia and beyond are issues to which many enterprises are paying special attention. Annually, An Giang Assembly company exports 50,000 tonnes of construction materials to this neighbouring markets, according to a representative of the company. Currently, Cambodia is a market of great potential for the construction material industry, which we can further maximise. Both Vietnamese and Cambodian enterprises wish to invest in An Giang border economic zone. The pioneer in this are has been the Cambodian Tourist Company. To such a potential market as Vietnam, developing tourism, in the short-term connecting tours between the two countries is a cushioned step in its strategy on tourism development in Vietnam.

 

The Tinh Bien border market of Xuan To commune, Tinh Bien district is always crowded with visitors from all localities nationwide. Many households have become rich thanks to trading at Tinh Bien border market. According to the local authority management of Tinh Bien border market, retail revenue from the beginning of the year has reached about VND9 billion per month, 3 times higher than that in the same period.

 

Khanh Binh border gate is 75km from Phnom Penh, the shortest distance among all Cambodian border gates and convenient for both land and waterway transportation. The Customs and border guards in An Giang and Can Dan have good coordination, therefore, enterprises are assured in importing and exporting their goods. It is said that An Phu district focuses on developing a system of border markets which are bounded by Cambodia in order to integrate the district’s economic activities into the border area’s, particularly in the fields of trade and tourism. Currently, there are 4 projects being arried out in Khanh Binh border economic zone with capital of VND180 billion (US$11 million)… Moreover, all border economic zones now give the best preference in tax and land rent to investors. They only prepare procedures for investment under a one-door policy, and all other procedures will be done by the local authority to obtain the best results while minimising time and cost. Both countries’ Governments agreed to build the Khanh Binh-Chay Thum bridge connecting the highway No.956 of An Giang with the national highway No.21 of Cambodia, which will create good conditions for transport of goods from the plains to Cambodia.