The southern city of Can Tho leads the Mekong Delta in attracting both domestic and foreign investment thanks to its effective policies, such as improving infrastructure and facilitating projects that conform to the municipal socio-economic development plan.

Its industrial parks are currently home to 211 valid projects worth nearly1.9 billion USD in total registered capital.

As much as 844 million USD of the money has been disbursed in projects in food processing, agro-forestry and aquatic exports, footwear, fertiliser, chemicals, iron and steel, and automobile assembling.

In the first five months of this year, firms operating there enjoyed sales of 673 million USD, registering a year-on-year increase of 2 percent.

Most recently, local authorities have granted a licence for the Nha Trang Seafood Company to carry out its projects building a seafood processing plant and expanding the Saigon-Can Tho Beer Factory, with a total investment of 21 million USD.

Additionally, the city is developing four industrial parks of 1,150 ha and building a waste treatment factory at Tra Noc industrial park, which is expected to benefit nearly 190 businesses there once completed.

The country’s largest rice producer, the Mekong Delta comprises of 12 provinces and one centrally-run city.-VNA