Business

More money flows into Tra Noc industrial park

The southern city of Can Tho has attracted an additional 25.8 million USD for its industrial zone of Tra Noc, one of the most successful in the Mekong Delta with 98 percent of its total area of 290ha in use.
The southern city of Can Tho has attracted an additional 25.8 millionUSD for its industrial zone of Tra Noc, one of the most successful inthe Mekong Delta with 98 percent of its total area of 290ha in use.

Locatednear Hau River and national highway 91 for easy access, Tra Nocindustrial zone has so far lured 183 projects with registered capitaltotalling 1.6 billion USD.

In the first nine months of this year, its total revenue exceeded 800 million USD, including 294 million USD from exports.

Theindustrial park is investing 213 billion VND (about 10 million USD) in aplant capable of treating all the wastewater of its nearly 190businesses.

As efforts to attract more investors, localauthorities have reduced land rent price to 0.6 USD from 4 USD per sqm/year, and shrunk processing time for investment licences from 90 daysto 60 days.-VNA
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