Cần Thơ City seeks investment for 54 projects worth $5.4 billion

July 18, 2018 - 09:00

Cần Thơ City has listed 54 projects calling for foreign investment worth total VNĐ124 trillion (US$5.4 billion) at its upcoming investment conference, expected on August 9-10 this year.

Vincom Plaza Xuân Khánh in Cần Thơ City. The Mekong Delta city is seeking investment and advice to become a service and hi-tech agriculture centre as well as an information technology hub. — Photo baocantho.com.vn
Viet Nam News

HÀ NỘI — Cần Thơ City will call for VNĐ124 trillion (US$5.4 billion) investment to finance 54 projects at a conference to be held on August 9-10.

The new list, reviewed at a meeting on Tuesday, exceeds the initial target of a combined VNĐ110 trillion set in May.

Of the 54 projects, 44 are in the form of direct investment with an estimated value of over VNĐ112.9 trillion.

Among them, 22 have found investors who are already prepared to deploy VNĐ82 trillion.

The Mekong Delta City is seeking investment to become a service and hi-tech agriculture centre as well as an information technology hub.

Cần Thơ is expected to introduce its strengths and investment policies during the conference under the theme of Sharing Potential for Mutual Development on August 10.

Prime Minister Nguyễn Xuân Phúc, along with 550 domestic and foreign delegates, is expected to attend the event.

Discussions will be held on services, hi-tech agriculture and information technology. Some investment projects are expected to be awarded licences at the event and ground-breaking ceremonies for key projects in the area will be held.

Last year, Cần Thơ attracted 77 foreign direct investment projects worth $656 million. — VNS


 

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