Economic Situation

In recent years Soc Trang province's economy has grown continuously. Total GDP of the province increases averagely 11.33% per year. Economic struture has shifted toward gradually increasing the ratio of industry and service sector and decreasing the ratio of agriculture sector. According to the development plan of socio – economy of Soc Trang province for the period 2010 – 2015, the province sets its targets to reach an average annual growth rate of 12 – 13%; GDP per capita in 2015 of over 1,800 USD; whereas, speeding the capital mobilization to invest in the development of infrastructure works such as transportation, electriccity, port, telecommunication system, ect.