Business

Can Tho targets 450 million USD in FDI in 2021-2030

The Mekong Delta city of Can Tho expects to attract 450 million USD in foreign direct investment (FDI) in the 2021-2030 period, according to a plan recently approved by the municipal People’s Committee.
Can Tho targets 450 million USD in FDI in 2021-2030 ảnh 1A corner of Can Tho city (Photo: VNA)

Can Tho (VNA) - TheMekong Delta city of Can Tho expects to attract 450 million USD in foreigndirect investment (FDI) in the 2021-2030 period, according to aplan recently approved by the municipal People’s Committee.

In 2021-2025, Can Tho targets 200million USD of FDI, of which 150 million USD will be disbursed. In 2026-2030,the city aims to draw 250 million USD with 200 million USD disbursed.

To support domestic and foreigninvestors, municipal leaders have announced that priority is being given tocalling for investment in high-tech agriculture, agriculture processing,preservation, logistics, culture and tourism, tourism infrastructure, transportinfrastructure, resort and urban infrastructure, housing, and commercialcentres.

Over the years, Can Tho hasinvested a great deal in infrastructure, especially transportinfrastructure, better meeting the needs of socio-economic development andattracting investment to the city and the whole Mekong Delta region.

In 2019, the city organisedmany missions to promote domestic and foreign investment cooperation, focusingon markets suitable to local investment attraction needs, such as Japan,Malaysia, Singapore, the Czech Republic and Russia.

By the end of February, Can Tho washome to 85 foreign-invested projects, worth 721 million USD, ranking42nd among 63 provinces and cities nationwide, according to the ForeignInvestment Agency under the Ministry of Planning and Investment. 

In 2019 alone, thecity lured nearly 70 million USD in FDI./.
VNA
#Mekong Delta city of Can Tho #foreign direct investment (FDI). igh-tech agriculture #agriculture processing #preservation #logistics #culture and tourism #Vietnamplus #Vietnam News Agency Can Tho
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