Can Tho hopes to attract 5.5 billion USD of investment

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The Can Tho Municipal People’s Committee on August 1 held a press conference on the investment promotion conference. Accordingly, the event will take place on August 10 with the theme of “Sharing Potential, Developing Together”.

Can Tho hopes to attract 5.5 billion USD of investment.

Chairman of the Can Tho Municipal People’s Committee Vo Thanh Thong said the local will call on international and domestic investors to invest in 55 projects on hi-tech agricultural infrastructure, agricultural and industrial clusters, information technology, logistics and energy, tourism infrastructure, real estate, transportation infrastructure, cultural-sport and healthcare infrastructure.

Mr. Vo Thanh Thong said the city will also take advantage of the event to introduce to investors its potential and favorable conditions as well as investment opportunities in the region.

Mr. Vo Thanh Thong said investors have already expressed interest in 44 out of the 54 projects on offer, and some are ready to start work immediately on 22 projects. He added that some projects attracted two or more investors, so the city will set criteria to select the best among them.

Prime Minister Nguyen Xuan Phuc will deliver a keynote speech and chair the conference, and some 600 delegates from domestic ministries and businesses as well as international organizations and foreign companies are expected to attend the event.