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Can Tho invites investors to investment promotion conference

The Mekong Delta city of Can Tho will hold an investment promotion conference on August 10, inviting investors for 54 projects worth nearly 124 trillion VND (5.44 billion USD).
Can Tho invites investors to investment promotion conference ảnh 1A corner of Cai Rang floating market in Can Tho city (Source: VNA)

Can Tho (VNA) - The Mekong Delta city of Can Tho will hold aninvestment promotion conference on August 10, inviting investors for 54projects worth nearly 124 trillion VND (5.44 billion USD).

At a press conference on the conference on August 1, Chairman of themunicipal People’s Committee Vo Thanh Thong said investors have alreadyexpressed interest in 44 out of the 54 projects on offer, and some are ready tostart work immediately on 22 projects.

He added that some projects attracted two or more investors, so the citywill set criteria to select the best among them.

Among the 54 projects, 21 are in real estate, 9 in culture-sports andtourism, 9 in agricultural and industrial infrastructure, 8 in transport, 4 inlogistics and power, 2 in cultural-sport and health care infrastructure and 1in information technology.

Prime Minister Nguyen Xuan Phuc is expected to deliver a keynote speechand chair the conference, which will include three discussions on a logisticsservice centre, hi-tech agriculture and the development of science-technology.

Chairman Thong said the city wants to use the event to introduce toinvestors its potential and favourable conditions along with opportunities inthe context of the new specific mechanism for the city already approved by theNational Assembly Standing Committee.

Can Tho also hopes to invite investors to other projects and fieldsbesides those announced at the conference, he said.

At the conference’s closing session, the city will honour 11 companieswhich have made contributions to Can Tho’s development, and present investmentlicences and decisions approving investment proposal to 10 investors.

On the occasion, the municipal People’s Committee will sign cooperativedeals with around 20 foreign and domestic corporations.-VNA
VNA

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