Can Tho calls for investment into 54 projects

Can Tho’s authorities are calling for VND124trn (USD5.47bn) investment for 54 projects at a conference to promote trade and investment in the city which will be held by Prime Minister Nguyen Xuan Phuc on August 10.

Can Tho’s authorities are calling for VND124trn (USD5.47bn) investment for 54 projects at a conference to promote trade and investment in the city which will be held by Prime Minister Nguyen Xuan Phuc on August 10.

   

Can Tho City Chairman Vo Thanh Thong speaks at the press meeting on August 1

Nguyen Khanh Tung, director of Can Tho Trade, Investment Promotion and Exhibition Centre said during a press conference on August 1 that the prime minister and representatives of many ministries, international organisations, and over 500 Vietnamese and international firms will attend the conference.

The conference aims to introduce Can Tho's business opportunities, support policies and other socio-economic potentials to investors. It is also a chance for the investors to meet and exchange with the local authorities about the projects.

Most of the projects are for high-tech agriculture, industrial zones, logistics, energy, tourism, and transport infrastructure sectors.

Can Tho City Chairman Vo Thanh Thong said, "Investors have shown interests in 44 projects. 22 of which need a total VND82trn (USD3.3bn) investment. The investors that expressed interests in those projects are also willing to start immediately if legal procedures are completed in time."

At the conference, the city authorities will give investment licenses to investors of 10 projects with VND11.6trn (USD464m) investment including VND2trn (USD80m) Vinmec General Hospital in Can Tho and VND1.2trn (USD48m) Con Khuong amusement park and residential complex.