On April 13, 2022, Can Tho Promotion Agency (CPA) had a meeting with Ingrid Singapore Company to update investment promotion activities of Can Tho city, as well as introducing the Cross Border Market Development cooperation program that Ingrid Company will implement in 2022.
Previously, Ingrid Singapore Company successfully introduced and connected Memiontec Wastewater Treatment Company, Singapore with the Water Plant Project in Can Tho. During this business trip to Can Tho city, Ingrid Singapore Company expressed its desire to cooperate in 3 fields: environment; tourism and hotel management; infrastructure (logictis, port, industrial park). Ingrid Singapore company realizes that the potential of Can Tho city in these fields is very large and suitable for the implementation of a project to attract tourism to the city in the near future. The company will look for opportunities and invite Singaporean investors to Can Tho city.
Overview of the reception sessionTalking at the meeting, Ms. Nguyen Thi Kieu Duyen – Director of CPA informed a number of outstanding contents about the investment environment in Can Tho city today. Can Tho city is the center of the Mekong Delta region, along with newly issued policies, especially Resolution No. 45/2022/QH15 of the National Assembly on piloting a number of specific mechanisms and policies. To develop Can Tho city, in the coming time, Can Tho city will be an ideal investment place for domestic and foreign investors. Ms. Duyen also informed about the Vietnam – Singapore industrial park (VSIP) planned in Vinh Thanh industrial park with an area of about 900 hectares, in Vinh Trinh commune, Vinh Thanh district, Can Tho city will attract strong investment from Singaporean businesses. In the coming period, the Center for association, production, processing and consumption of agricultural products in the Mekong Delta (Center) will be established and located in Can Tho, this is an area with geographical boundaries determined to be established by the Prime Minister in accordance with relevant plannings, in order to attract investment projects in the fields of research, technology application, production, processing and service provision, export agricultural and aquatic products. Enterprises with investment projects at the Center will enjoy priority in customs procedures and taxes for exported, imported goods of the Center when fully meeting the conditions in Article 8 of Resolution No. 45/2022/QH15 of the National Assembly.
With the desire of the two sides to exchange, connect long-term investment promotion cooperation, CPA and Ingrid Company will study the signing of a Memorandum of Understanding (MOU) to create favorable conditions for connection and invitation invest in Can Tho city in the future.