Can Tho prepares for large investment promotion conference hinh anh 1A view of O Mon thermal power plant in Can Tho (Photo:

Can Tho (VNA) – As many as 500 domestic and foreign delegates are expected to attend a conference to promote investment in the Mekong Delta city of Can Tho, which is slated for August 10, 2018.

At a meeting held on May 29 to review preparations for the conference, Vice Chairman of the municipal People’s Committee Truong Quang Hoai Nam said that the city is scheduled to call for investment in 54 projects worth over 100 trillion VND (4.4 billion USD).

Among those, the three biggest projects are to develop infrastructure systems for industrial parks in O Mon and Thot Not districts, run by the management board of industrial parks and export processing zones of Can Tho city, with total estimated capital of about 18.2 trillion VND (about 801.7 million USD).

Can Tho also hopes to lure investment for a project to build a level-two logistics centre of the Mekong Delta economic sub-region. The project is estimated to cost 150 million USD and covers 242 hectares in Cai Rang district. It is expected to reduce logistics costs for not only Can Tho but the whole region.

Themed “Sharing Potential, Developing Together,” the Can Tho investment promotion conference 2018 will introduce the city’s strengths, potential and investment opportunities as well as investment plans and projects, and Can Tho’s commitments to investors.

At the same time, the event will highlight major targets of the city, along with a list of projects needing investment in the 2018-2020 period.

The city also hopes to learn experience to develop the city into a hub of services, effective agriculture and IT.

Investment licences for some projects will also be handed over to investors at the conference. Meanwhile, a number of projects, including Vinmec Hospital and FPT University will also be inaugurated on the occasion.-VNA