MCKINSEY AND SAIGONTEL PRESENT THE IDEA OF FORMULATION OF DONG NAI PROVINCIAL PLANNING FOR 2021-2030 PEROID, WITH A VISION TO 2050

Written by  - Friday, 05 November 2021

In the afternoon of November, 4th, there was a meeting of Provincial People’ Committee at the office of Dong Nai province in order to listen consulting company presenting ideas and proposal of planning on Dong Nai province for 2021-2030 period, with a vision to 2050.

There was attendance of Member of the Party Central Committee, Provincial Party Secretary – Mr. Nguyen Hong Linh; Deputy Provincoal Party Secretary, the Chairman of Dong Nai Provincial People’s Committee – Mr. Cao Tien Dung and leaders of Departments, industries. Consulting company is McKinsey & Company, sponsor company formulating Provincial Planning as Sai Gon Telecommunication and Technologies Corporation (Saigontel).

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Overview of the meeting

On 14/7/2020, Dong Nai province finished its task on formulation of planning and approved by the Prime Minister under Decision No. 1016/QD-TTG. For implementation, the Provincial People’s Committee has approved the planning estimate of Dong Nai province for the period of 2021-2030, with a vision to 2050 with a total cost estimate of more than 75 billion Vietnam Dong.

At the meeting, McKinsey stated that Dong Nai province has strong growth momentum and has a lot of potentioal to boost growth in the future. Firstly, the province has strategic location, Long Thanh airport project in progress; simultaneously, there are existing industrial centers with 32 industrial parks in operation, 6 industrial parks under planning, etc. In the sector of investment attraction, Dong Nai is achieving good results compared to many provinces across the country. The province also has clear goals and directions, increasing GRDP in the future, the period of 2020-2025 is forecasted at 8.5%. In 2020, the industry – construction sector contributes to 60% to GDP 2020 and 8.9% to the compound annual growth.

McKinsey’s representative said that its approach to formulation of Dong Nai provincial planning shall include making a proposed roadmap for provincial planning, presening a project plan and preparing a provincial planning report. Total estimated time of planning consultation is over 36 weeks. McKinsey will also mobilize an team of experienced experts to coordinate the implementation.

Member of the Party Central Committee, Provincial Party Secretary of Dong Nai province – Mr. Nguyen Hong Linh said at the meeting: “We need an experienced consultant to help Dong Nai province not only be rich in economy but also become a land with the best life for people. Simultaneously, the potentials of Dong Nai province must be exploited in the most effective way to serve the society, with right functions and purposes. Breifly, I want the provincial planning to ensure three goals: the first is to ensure economic value – The second is to serve people – The third is to maximize the potential of Dong Nai province”. 

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Leaders of Dong Nai province attended the meeting

Mr. Cao Tien Dung – Deputy Provincial Party Secretary, the Chairman of Dong Nai Provincial People’s Committee also stated: “With good provincial planning, we will have a way, a complete development strategy in the future, with a vision for the whole region, international connection, simultaneously create resilience in the internal strength of the province”. Departments and industries also shared the mentioned above opinions.

Leaders of Dong Nai province said that they will consider and discuss more on contributed opinions of consulting company. The meeting ended at 15pm on the same day.

It is known that McKinsey is the first global strategic consulting company in Vietnam with many experience, being in charge of many projects on formulation of provincial planning in provinces such as: Quang Ninh, Ha Giang, Ha Tinh, Nghe An, Binh Thuan, Quang Binh, etc.

Communication Department

Strategic Partnership