Mekong Delta town continues to solicit investment

Tan Chau Town in An Giang will continue to seek investment in several sectors to spearhead socio-economic development in the Mekong Delta province’s northern part, its leaders have said.

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Tan Chau Town in the Mekong Delta province of An Giang is seeking investment in various sectors to boost development. — Photo

Among projects it is soliciting investment in are a bridge that will cost VND2.5 trillion (US$107.3 million) to connect it with Dong Thap Province’s Hong Ngu District, the VND200 billion ($8.58 million) Tan Chau Port and other technical infrastructure projects.

It has also called on investors to participate in projects in areas like border economic development, urban development, environment, services and tourism.

Tran Hoang Hai, vice chairman of the town People’s Committee, said: “We realise enterprises play an especially important role in the town’s socio-economic development and a major factor in creating jobs and making products.

“Therefore, we continue to call on investors to come here to invest and build key projects.”

Thanks to this policy, many investors have come to the town to build factories and set up companies in recent years, creating jobs and generally helping improve people's living standards.

The average per capita income of the town is VNDĐ52 million ($2,236) per year, an increase of nearly VND10 million ($430) from 10 years ago.

Tran Thi Be Ba of Tan Chau Town’s Vinh Xuong Commune said in the past, she had to go to Binh Duong or Dong Nai to find a job, and, despite working hard, ended up not saving much.

“Now many enterprises come here to do business and I have applied for a job at a garment factory. I feel very happy since I can get a steady income and no longer have to live far from home.”

The town had 29 new businesses last year, taking the total number to 513.

Hai said: “We are committed to always assisting investors. We will create the most favourable conditions for projects to be implemented as soon as possible.”

Huynh Quoc Thai, chairman of the Tan Chau Town People’s Committee, said: “The town’s leaders are always determined to create a level playing field for all investors and the best conditions for them to invest and do business.

“We encourage creative start-ups to start their business here and in sectors in which the locality has strengths to create a breakthrough and speed up the town’s socio-economic development.”

With the private sector joining hands, the town now has relatively good infrastructure, enabling it to meet grade III urban standards.