Can Tho calls for $5.4 billion of investment capital

Can Tho city, located in the Mekong Delta, will call for approximately $5.4 billion of investment in 54 projects in real estate, sport-related infrastructure, hi-tech agricultural infrastructure, and industrial parks, among others.

Yesterday morning, the Can Tho People’s Committee organised a press-conference to announce the Can Tho Investment Promotion Conference 2018 themed “Sharing Potential—Accompanying Development.”

can tho calls for 54 billion of investment capital
Can Tho is looking to improve its infrastructure to accelerate future growth

The investment promotion conference, which is expected to be organised on August 10, will welcome the participation of leaders of ministries, relevant authorities, international bodies, as well as approximately 500 representatives from both international and local enterprises. Especially, Prime Minister Nguyen Xuan Phuc will join the conference.

According to the organising board, the conference will aim to introduce socioeconomic achievements, promote the potential and strengths of the city, and outline policies in order to attract investors.

The conference will also be an opportunity for investors with existing investments or intention to invest in the province to meet and discuss with provincial leaders and higher level decision makers.

Nguyen Khanh Tung, director of the Can Tho Trade, Investment Promotion and Exhibition Centre, said that the conference will have three main topics, including developing service centres, boosting the efficiency of agriculture, and developing science and technology.

can tho calls for 54 billion of investment capital
Ninh Kieu dock, a symbol of Can Tho

Besides, the city’s leaders will provide in principle approval to 10 projects in the sectors of real estate, medicine, tourism services, commerce, and logistics, as well as organise a memorandum of understanding (MoU) signing ceremony between provincial leaders and 20 enterprises.

Vo Thanh Thong, Chairman of the Can Tho People’s Committee, stated that the province’s potential in terms of infrastructure and trained human resources will help Can Tho call for investment.Thong added that 44 of the 54 projects which await investment received attention from investors. Especially, investors are ready to develop 22 of these projects right after they complete administrative procedures.

By Truc Giang