Economic development towards the sea is an inevitable trend of Thai Binh province.

Great potential and advantages for developing marine economy

Thai Binh province has about 52km of coastline and 5 large river mouths flowing into the sea, creating a tidal flat area of over 16,000 hectares, thereby creating many potentials and strengths for developing the marine economy.

This is considered an area with a favorable location for comprehensive, multi-sector, multi-sector economic development; convenient waterway and road traffic connections with provinces and cities in the Northern key economic region; National Highways 37, 37B, 39, Provincial Road 456 passing through and especially the coastal road (started construction in early 2019 according to the Government's policy), helping to significantly shorten the distance and travel time from the coastal area of Thai Binh to Dinh Vu deep-water seaport, Lach Huyen and Cat Bi international airport ( Hai Phong ), Van Don airport, Mong Cai border gate (Quang Ninh) and provinces and cities in the Northern coastal region, very convenient for the circulation and exchange of goods.

There is much potential and favorable conditions for Thai Binh to develop a sustainable marine economy. Photo: Trung Du

At the same time, the coastal area of Thai Binh has a great advantage in terms of electricity, coal and natural gas with large reserves that can be exploited for a long time, along with coastal land funds and abundant local human resources, which are favorable for the development of energy-intensive industries such as: production of tiles, sanitary porcelain, civil porcelain, high-grade glass, mine gas, chemicals, etc.

In addition, there are also advantages of a long coastline, wide tidal flats and pure, biodiverse coastal natural landscapes, favorable for aquaculture, fishing and service development, ecotourism and resorts.

From resolution to action

Promoting the above advantages, in recent years Thai Binh has had many policies and solutions to promote the development of marine economy associated with firmly protecting national sovereignty and improving the lives of people in coastal areas.

The Resolution of the 19th Provincial Party Congress, term 2015 - 2020 and the Resolution of the 20th Provincial Party Congress, term 2020 - 2025 both specifically identified and agreed on the goal of focusing on building the marine economy into the province's economic focus, making an important contribution to socio-economic development, consolidating national defense and security, firmly protecting maritime sovereignty and national border security.

Planning — Master plan for the construction of Thai Binh Economic Zone in the near future. Photo: PV

The programs and plans for the development of Thai Binh's marine economy in recent times have clearly defined the tasks to be performed; in which, the focus is on building a system of main roads connecting with foreign traffic axes and industrial - urban - service zones in the Economic Zone; high-tech aquaculture investment projects, trade, tourism, service and marine economic sectors with high added value associated with the protection of coastal protection forests and sovereignty and security of the maritime border.

To exploit and promote the above potentials and advantages, in recent years, the Party Committee, government, sectors and localities in the province have strengthened leadership, directed the concretization and effective implementation of programs and plans for marine economic development within their localities, agencies and units.

Sectors and localities have focused on leading and directing the promotion of investment attraction and economic development in coastal areas; prioritizing investment in developing socio-economic infrastructure systems, especially infrastructure connecting coastal areas with localities in the province and provinces and cities in the region.

Several large-scale, dynamic projects in the region have been completed and put into operation, initially achieving positive results; trade and service activities have developed stably, basically meeting the production and living needs of local people. The coastal districts of Tien Hai and Thai Thuy have proposed policies and solutions to attract investment based on local conditions, creating fundamental changes in investment in developing a synchronous and comprehensive socio-economic infrastructure system.

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