Can Tho to Review the Industrial Zones to Prepare for Investment Promotion

Can Tho to Review the Industrial Zones to Prepare for Investment Promotion

In preparation for the investment promotion conference in Can Tho in 2018, Vice Chairman of the People's Committee of Can Tho City, Truong Quang Hoai Nam chaired the meeting with relevant departments of the city to review the industrial zones in the area on January 11.

Investment in Vietnam - At the meeting, Mr. Truong Quang Hoai Nam instructed the Management Board of Can Tho Export Processing and Industrial Zone to review the projects, investors of infrastructure business of industrial parks. It is forced to recover land if any cases do not comply with the law. For Hung Phu I industrial zone (group A) with a total planning area of 121.4 hectares and a total project investment of about VND 1,956 billion, it is expected in the first quarter of 2018 to complete the transport infrastructure, electricity and water supply, but now only about 5 ha for rent.

According to Mr. Nguyen Khanh Tung, Director of Investment Promotion Center - Trade and Exhibition Fair, the current difficulty is the price of land rent of the city, thereby increasing the total investment capital of the project.

Mr. Tung also stated that in the past five years, most of the investment projects in the city were proposed by the investor. In 2018, the city will select key projects calling for investment such as: Vietnam - Japan Industrial Park, Hi - tech Agricultural Zone 2, concentrated IT area, logistics area ... and the target audience are Japanese and Korean investors.

It is expected that in the coming time, Can Tho will hold an investment promotion conference to introduce the potential, advantages, policies and investment opportunities of the city.


Related news