Industrial parks (IPs) and export processing zones (EPZs) in the Mekong Delta city of Can Tho is now home to 214 valid investment projects worth nearly 2 billion USD, of which over 852 million USD have been disbursed.
They include 23 foreign direct investment (FDI) projects with a combined registered capital of over 203 billion USD, according to the Can Tho Export Processing and Industrial Zones Management Authority.
The projects are generating jobs for more than 31,700 residents.
To create more favourable conditions for investors, the authority has promoted reforms of administrative procedures and applied the “one-stop-shop” mechanism to shorten waiting times.
From January-October, the local IPs and EPZs attracted five new investment projects worth 48 million USD, and saw 14 ongoing projects added capital of 6.8 million USD.
Total investment this year is expected to hit 54.8 million USD, meeting 78.3 percent of the annual target.
Located in the heart of the delta and benefitting from advantageous transport connections, Can Tho boasts great potential for investment attraction.
A number of key national projects are being carried out in the city, including Can Tho international airport and O Mon thermal power centre, giving the city a momentum in its bid to become an economic hub in the region.
Municipal authorities are focusing on developing infrastructure and human resources development as well as accelerating industrial structure transfer and the implementation of construction projects at industrial parks.-VNA
They include 23 foreign direct investment (FDI) projects with a combined registered capital of over 203 billion USD, according to the Can Tho Export Processing and Industrial Zones Management Authority.
The projects are generating jobs for more than 31,700 residents.
To create more favourable conditions for investors, the authority has promoted reforms of administrative procedures and applied the “one-stop-shop” mechanism to shorten waiting times.
From January-October, the local IPs and EPZs attracted five new investment projects worth 48 million USD, and saw 14 ongoing projects added capital of 6.8 million USD.
Total investment this year is expected to hit 54.8 million USD, meeting 78.3 percent of the annual target.
Located in the heart of the delta and benefitting from advantageous transport connections, Can Tho boasts great potential for investment attraction.
A number of key national projects are being carried out in the city, including Can Tho international airport and O Mon thermal power centre, giving the city a momentum in its bid to become an economic hub in the region.
Municipal authorities are focusing on developing infrastructure and human resources development as well as accelerating industrial structure transfer and the implementation of construction projects at industrial parks.-VNA
