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
Can Tho expands industrial parks Related image(s)
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