Can Tho to hold big investment conference in Q2

Created 13 January 2018
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CAN THO – The Mekong Delta city of Can Tho will revise policies and make a list of projects in need of investment as input for a large-scale investment promotion conference in the second quarter of this year.

Delegates of Can Tho City at a meeting on preparations for an investment promotion conference in the second quarter of this year - PHOTO: VAN HUYNH

At a meeting between the city government and relevant agencies on January 11, Nguyen Khanh Tung, director of the Can Tho Investment-Trade Promotion and Fair Center, said the city last year announced a list of 27 projects to call for investors, including 14 projects to be developed under the public-private partnership (PPP) format.

However, the city now finds it necessary to adjust specific policies for some projects to meet investors’ requirements. Therefore, the city has released a new list of projects in line with current conditions including 15 projects worth US$1 billion and 16 others which will be carried out under the PPP model.

Four of such projects will be prioritized this year regarding the development of infrastructure for industrial parks, a hi-tech agriculture center, a centralized information technology center and a logistics center. The city will attract large domestic corporations and investors from Japan and South Korea, Tung added.

Can Tho authorities had earlier met with relevant departments and agencies to review current industrial parks to prepare land for such projects.

Can Tho vice chairman Truong Quang Hoai Nam said the city had asked relevant departments and agencies to review projects one more time and map out specific plans for PPP and build-transfer (BT) projects.


Source: ThesaigonTimes

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