Ca Mau looks to attract capital flows into key projects
The Mekong Delta province of Ca Mau is calling for investment in technical infrastructure development, especially in key projects, with the aim of creating impetus for its socio-economic development.
Ca Mau (VNA) - The Mekong Delta province of Ca Mau is calling for investment intechnical infrastructure development, especially in key projects, with the aimof creating impetus for its socio-economic development.
Local authorities are focusing on attracting investment in a seaportcomplex on Hon Khoai Island, a non-tariff area and a financeand trade centre at the Nam Can Economic Zone, and a tourism project on MuiCa Mau (Ca Mau Cape).
They are also giving priority to luring capital to hi-tech agriculturalprojects, towards promoting exports to the European market under the EU-VietnamFree Trade Agreement.
Ca Mau has been developing the Khanh An and Hoa Trung Industrial Parks (IPs) andthe Nam Can Economic Zone, while seeking government approval for theestablishment of the Song Doc IP.
As of early December, the Khanh An IP had attracted 20 investment projects relating to gastreatment, construction materials, wood production, and packaging. These have allbeen implemented on schedule as committed.
Vice Chairman of the provincial People’s Committee Lam Van Bi said that in thenext five years, the province will pay due regard to making its investmentand business environment more transparent, open, and competitive.
It will continue to call for investment in hi-tech agricultureproduction, sustainable development, environmental protection, maritimeeconomic development, renewable energy, and tourism, he went on.
Ca Mau is home to 10 foreign-invested projects with total registered capital ofover 393 million USD and 343 domestic projects with over 121.9 trillion VND (5.2billion USD).
Of note, it has attracted 188 domestic projects in the last five years with registeredcapital of over 50.3 trillion VND, up 75 percent in project number and 21percent in capital compared to the figure reported for the 2011-2015 period./.
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Downtown Ca Mau city (Source: VNA) 
