Can Tho grants investment licences worth over 180 mln USD
Can Tho granted investment licences to four enterprises with a total registered investment capital of over four trillion VND (180 million USD) in the Mekong Delta city on March 23.
Illustrative image (Photo: VNA)The enterprises were the Republic of Korea’s Tae Kwang Vina Industrial, Truong Hai Auto Cooperation (THACO), Hai Ha Land Transport Limited Company, and Phuc Tan Ready-Mix Concrete Construction Limited Company.
The four firms are operating in areas as diverse as sport shoes, repair and maintenance shops and vehicle showrooms, ready-mix concrete and concrete masonry units (CMU) manufacturing.
Chairman of the municipal People’s Committee Vo Thanh Thong said the licenced projects will contribute to the city’s socio-economic development and they are also the catalyst for more investment to the locality.
He added the city will create best possible conditions for investors to implement the projects as scheduled.
Deputy Director of Tae Kwang Vina, Huyng Jin Lee hoped the company will continue to receive support from the local authority to effectively carry out the project.
He added that once the 171 million USD sport shoes accessories manufacturing project is put into operation, it could create jobs for 30,000 local labourers.-VNA
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