Can Tho leads Delta in foreign investments

Update: June, 07/2014 - 09:29

CAN THO  (VNS) — The southern city of Can Tho leads the Cuu Long (Mekong) Delta in attracting both domestic and foreign investments.

The city's industrial parks are currently home to 211 valid projects worth nearly US$1.9 billion in total registered capital owing to its effective policies, such as improving infrastructure and facilitating projects that conform to the municipal socio-economic development plan.

As much as $844 million of the capital has been disbursed in projects such as food processing, agro-forestry and aquatic exports, footwear, fertiliser, chemicals, iron and steel, and automobile assembling.

In the first five months of this year, firms operating in the city enjoyed sales of $673 million, registering a year-on-year increase of 2 per cent. — VNS