By Huynh
Kim
Vo Thanh Thong (standing), chairman of the People’s Committee of Can Tho City, speaks at a press briefing on the 2018 Investment Promotion Conference – PHOTO: HUYNH KIM |
CAN THO – The Mekong Delta city of Can Tho will
organize an investment promotion conference with the aim of calling on
potential investors to develop 54 projects worth VND124 trillion, or US$5.4
billion.
The People’s Committee of Can Tho City held a
press briefing today, August 1, to give insights into the 2018 Investment
Promotion Conference, titled, “Share potential to grow together.”
Regarding the selection of the theme for the
conference, Vo Thanh Thong, chairman of Can Tho City, told the Saigon Times
that the entire Mekong Delta will develop if the city grows, thereby
contributing to the growth of the country.
Thong asserted that in the Fourth Industrial
Revolution, traditional business philosophies – “If you want to go fast, go
alone. If you want to go far, go together” – are emerging as meaningful and
sustainable concepts.
Nguyen Khanh Tung, director of the Can Tho
Promotion Agency, announced at the press briefing that the conference is
expected to take place on August 10. Prime Minister Nguyen Xuan Phuc and
representatives of ministries, central agencies, major companies and
international organizations, as well as some 500 local and foreign companies
will attend the event.
It is aimed at highlighting socioeconomic
achievements, potential, investment opportunities and supporting policies of
the city.
Besides this, the major event is expected to
create opportunities for investors and international agencies to meet the local
authorities, and provide them with a list of potential projects.
Chairman Thong stressed that the municipal
government will introduce 54 projects in the key fields of services, high-efficiency
agriculture and technological science at the upcoming conference.
He added that the conference will have three
rounds of discussion and experience consultancy to develop the city in these
fields.
Tung noted that the 54 projects will cover a
total area of 4,780 hectares. They are related to the construction of
infrastructure facilities for hi-tech agriculture, industrial parks and
clusters; information technology; logistics and energy; tourism infrastructure;
real estate and transport; and culture, sports and healthcare.
“Investors have so far expressed their
interest in 44 out of the 54 projects. Among these, the investors are ready to
execute 22 projects, worth some VND82 trillion, right away if their legal and
promotion procedures are in place,” Thong said.
The local government will award investment
registration certificates to 10 projects worth more than VND11.6 trillion
(US$499 million), including a general hospital, a golf course complex and an
urban and entertainment area.
At least 412 projects are underway in the Mekong Delta city, capitalized
at a combined VND81.1 trillion (US$3.5 billion). Among these, foreign investors
have injected some US$656.7 million into 76 projects in the seafood processing,
trade, textile-garment production and real estate trading sectors.
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