Binh Thuan develops electricity production industry, soon becoming the country's energy center

Creating a low-waste economy

Deputy Prime Minister Tran Hong Ha has just signed Decision No. 1701/QD-TTg dated December 27, 2023 approving the Planning of Binh Thuan province for the period 2021 - 2030, with a vision to 2050, with the goal that by 2030, Binh Thuan will continuously improve the lives and social welfare of its people, aiming for inclusive sustainable development, ensuring that all people have easy access to development opportunities and enjoy the fruits of the development process. Promote economic restructuring, innovate growth models. Mobilize and use resources reasonably and effectively for comprehensive development on the basis of creating a modern and sustainable development ecosystem.

Binh Thuan develops electricity production industry to soon become the national energy center. Image 1 — Binh Thuan aims to become one of the country's green energy centers. Illustrative photo

Binh Thuan develops and applies science and technology, innovates, promotes green growth, forms a low-waste economy, focusing on developing 3 pillars: (1) Industry, with the core being clean energy industry, renewable energy, processing and manufacturing industry, high-tech industry organized into industry clusters; (2) Services, with types of resort tourism services, health care, entertainment, sea sports; training services and research and development of science and technology applications; logistics services; (3) Agriculture , with the focus on ecological agriculture, applying high technology with agricultural production chains - processing industry.

By 2030, Binh Thuan will become a province with dynamic, rapid and sustainable development; strong, rich from the sea, with a per capita income (GRDP) higher than the average of the region and the whole country; a national and international center for sea tourism and resort; one of the green energy centers of the country, contributing to reducing greenhouse gas emissions, fulfilling the commitment to achieve zero net emissions by 2050; aiming to form one of the training and technology development centers of the region and the country. National defense, security and sovereignty over seas and islands are firmly guaranteed; Party organizations and political systems are strong; the great solidarity of the people is strengthened.

Average GRDP growth rate reached 8%

Specifically, in terms of economy, Binh Thuan strives for an average GRDP growth rate of 7.5 - 8.0% in the 2021-2030 period, of which: Industry - construction increases by 11 - 12%/year (Industry increases by 12 - 13%/year, construction increases by 10 - 11%/year); services increase by 7.0 - 7.5%/year; agriculture, forestry and fishery increase by 2.5 - 3.0%/year.

Economic structure: Industry - construction accounts for about 44 - 48%; service industry accounts for 31 - 34%; agriculture, forestry and fishery account for about 15 - 16% and product tax accounts for 5 - 6% in the province's GRDP.

Average GRDP/person is about 7,800-8,000 USD.

In terms of society, Binh Thuan strives for an average income per capita in 2030 that is 2.7 - 3.5 times higher than in 2020; reducing the poverty rate by an average of 0.4 - 0.6%/year (according to the poverty standards of each period).

Labor structure: The proportion of labor in agriculture, forestry and fishery accounts for 29.4%; industry - construction 30.8%; services 39.7%.

By 2050, Binh Thuan will become an important development pole of the Central Coast region with a strong and sustainable marine economy and a modern economic structure; a clean energy center, a center providing national and international tourism services, high-quality healthcare and education; a center of science, technology and innovation of the region and the country associated with modern coastal cities; the material and spiritual life of the people will reach a high level compared to the region and the whole country; national defense, security and sovereignty over seas and islands will be firmly ensured.

The plan clearly states: Binh Thuan develops the electricity production industry, soon becoming the national energy center, to ensure a stable supply, meeting the demand for energy and electricity for socio-economic development, ensuring national defense and security; prioritizes the development of renewable energy and clean energy projects such as wind power, especially offshore wind power and hydrogen, solar power, LNG gas power; researches to maximize the exploitation of hydropower potential on irrigation lakes, reservoirs, pumped storage hydropower; reviews and adjusts the area and scale of onshore wind power planning according to current regulations and in accordance with the practical situation of each region, ensuring space for other industries and fields with advantages to develop and contribute positively to the socio-economic development of the locality.

Source