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Can Tho calls for Japanese investment in seven new projects

The Mekong Delta city of Can Tho has called on Japanese investors to invest in seven new local projects in agricultural machine manufacturing, high-tech agricultural areas, and fishery centres.
The Mekong Delta city of Can Tho has called on Japanese investors toinvest in seven new local projects in agricultural machinemanufacturing, high-tech agricultural areas, and fishery centres.

The city made the request during a working session between municipalleaders and representatives from Tokyo University and two Japanesesecurities and financial groups on March 25.

Theprojects include the construction of a factory for manufacturing andassembling agricultural machines, valued at 30 million USD, and thedevelopment of two agricultural areas applying high technology worth33.9 million USD.

Can Tho also called for investmentin another high-tech farming area in Co Do district with a totalcapital of 10 million USD for producing and multiplying rice varieties.

The Mekong Delta fishery centre project is estimatedto cost 400 million USD, and another project to build infrastructurefor O Mon industrial park needs 130 million USD in investment.

The Japanese investors were also encouraged to pour capital into afive-star hotel and conference hall worth 45.5 million USD.

According to Assistant Professor Dr. Kawashima from Tokyo University’sFaculty of Agriculture, Japanese investors are shifting theirinvestments to ASEAN countries from China with Vietnam among itsprioritised markets.

He pledged to help Can Tho introduce the projects to more Japanese investors.-VNA
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