In 10 months of this year, Can Tho has granted
license for 5 new foreign direct investment (FDI) projects with a total
investment of about 17.1 million USD.
These projects focus on sectors as
manufacturing dried rice bran for export; repair and maintenance of
agricultural/industrial machinery, commerce, processing industry and cinema.
Also in the past 10 months, Can Tho adjusted
38.4 million USD capital increases of 4 FDI projects, in which Lotte
hypermarket project adjusted increase of 31 million USD. Currently, the
accumulated until early of November 2015, Can Tho has 66 FDI projects with
total registered investment capital of 954.6 million USD, implemented capital
reached 346 million USD, accounting for 36% of registered investment capital.
According to the Department of Planning and
Investment of Can Tho, total FDI capital into Can Tho till October 2015 was
55.7 million USD, reaching 75% of year target. These are positive signs in FDI
attraction of the city.
In particular, Can Tho is reviewing and
approving project to establish Pegasus international university with an
investment of about 15 million USD and life-skills training school of
Singapore. This will be the first international university and life-skills
training school in Can Tho and the region, contributing to improve the quality
of education and training for pupils and students, promoting education and
training development, create high quality human resources for Can Tho and the
provinces of the region.
As evaluated by the Department of Planning and
Investment of Can Tho, in the near future, investment activities of Can Tho
will prosper while many investors come to survey the investment environment in
areas such as: resort, 5-star hotel, thermal power plant, solar power, project
to produce and sell cosmetics, textile, waste treatment plant, hospital…They
are big projects, using many workers will contribute to local and region
economic development, creating jobs for local people, increase revenues of the
city when implemented.
With the advantage of supplying raw material
as seafood and agricultural products, Can Tho City is a potential land and
ideal destination for investors come to build processing plants to serve
domestic and international demand. In particular, the incubators with
technology of Vietnam – South Korea in Tra Noc Industrial Zone promise to help
develop mechanical engineering industry, agricultural and aquaculture
processing in Can Tho.
Further information
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