The Mekong Delta city of Can Tho plans to expand and upgrade a number of
industrial parks, Head of the Management Board of Can Tho Industrial
Park Vo Thanh Hung said on October 30.
The master plan aims to
increase the locality’s total industrial area to 2.267ha and pave the
way for Can Tho to become an industrial hub in the Mekong Delta region
by 2025.
Thanks to the city’s efforts to implement a number of
special policies on administrative procedures, preferential credit, and
human resources training, capital investment in industrial clusters has
so far this year reached 1.91 billion USD, up by 50 million USD compared
to the same period last year.
To date, Can Tho is home to 214 investment projects, with 191 domestic and 23 foreign-invested ones.
During
the first ten months of this year, revenue from enterprises operating
in the city’s industrial parks totalled 1.1 billion USD.
Notably,
foreign invested-companies posted increase of 10 percent and13 percent
in turnover and export, respectively compared to the same period last
year.-VNA