Facilities of a power plant in Ca Mau province (Photo: VNA)

Ca Mau (VNA) – The Mekong Delta province of Ca Mau has attracted 29 new investment projects worth over 5.1 trillion VND (219.3 million USD) so far this year.

The value was 782 billion VND (33.62 million USD) higher than that of the same period last year.

The local authorities have issued investment licences for 323 projects which together amount to a total value of 92.47 trillion VND (3.97 billion USD).

The province plans to continue encouraging investors’ engagement in infrastructure construction for coastal erosion prevention, clean water supply, aquatic farming, wood processing, and renewable energy development.

According to Chairman of the provincial People’s Committee Nguyen Tien Hai, Ca Mau is working to reform administrative procedures and improve its business climate via preferential policies on land leasing and tax.

The province said it is committed to refusing projects that could pollute the environment.

Ca Mau is surrounded by the ocean on three sides. Its forest and marine resources provide it with unique advantages to develop fisheries, agriculture, forestry, services, tourism, exploitation of gas and oil, and seaports. –VNA