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Can Tho's IZs attract $1.96b

Update: September, 05/2015 - 09:00
Rice is packaged at a Song Hau Food Company factory in the Can Tho City-based Tra Noc 1 Industrial Zone. The city's IZs are now home to 220 projects, with total registered investment capital of US$1.96 billion. — VNA/VNS Photo Dinh Hue

CAN THO (VNS) — Industrial zones (IZs) in the Cuu Long (Mekong) Delta city of Can Tho have 220 projects in operation, with total registered investment capital of some US$1.96 billion.

The management board of the local export processing and industrial zones reported the figures, adding that the disbursed capital amounts to nearly 45 per cent of the registered value, reaching $866.16 million.

During the first eight months of this year, enterprises in Can Tho's IZs posted a combined industrial production value of $824.6 million and a total trade and service revenue of $209.7 million.

The companies obtained $1.03 billion in total revenue, with some $385 million coming from exports during the period.

The management board said the city was speeding up site clearance, administrative reforms and infrastructure and human resource development to attract further investment.

Can Tho hosts eight IZs: Tra Noc 1, Tra Noc 2, Hung Phu 1 and Hung Phu 2A, as well as Hung Phu 2B, Thot Not, O Mon and Bac O Mon. The IZs are located along the Hau river, and the projects here employ more than 30,700 workers.

Can Tho is nationally considered a motivating force for the development of the Cuu Long (Mekong) Delta. The country has located key projects here, such as the Can Tho international airport, the Cai Cui port and the O Mon thermo-electricity centre. — VNS

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