Can Tho to become industrial hub by 2015

The Mekong Delta city of Can Tho has set a goal to become an industrial hub in the region by 2015, with industry accounting for 46.9 percent of its local economy.
The Mekong Delta city of Can Tho has set a goal to become anindustrial hub in the region by 2015, with industry accounting for 46.9percent of its local economy.

To obtain the goal,municipal authorities have mobilised about 220 trillion VND (10 billionUSD) to invest in infrastructure for industrial and economic sectors.

The city earmarked 5,000 hectares of land forindustrial development, including a hi-tech complex and 10 newindustrial parks.

On top of this, the city alsofocuses on industrial investment promotion, support for small andmedium-sized enterprises, and competitive sectors likeagro-forestry-fishery, garments, leather and footwear, electronics,information technology, mechanical products, pharmaceuticals andconsumer goods.

Apart from hi-tech and openeconomic zones, facilities for heavy industries like oil and gas,metallurgy, chemicals, fertilisers and construction materials will bebuilt. Small and medium-scale industrial clusters are also encouraged toset up in rural areas.

Can Tho is offering newtechnology courses for workers, therefore enabling them to manufacturemechanical products needed in farming production and for exports by2020.

The city will boost trade and apply qualityand environmental management systems that meet international standards.Besides technological and management solutions to improve productionefficiency, it will focus resources on production and exports,especially in the processing industry, strengthen multi-sector tradingand work closely with regional provinces.

This year,Can Tho targets an industrial production value of over 27 trillionbillion VND (1.2 billion USD), a year-on-year rise of 15 percent.-VNA

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