Can Tho prepares 54 projects for investment promotion conference

The list of projects, which need a combined VND100 trillion (over US$4.38 billion), was reviewed at a conference on May 3 on preparations for the conference. 

The investment promotion conference under the theme of Sharing potential for mutual development, is slated for August 10. Around 500 domestic and foreign delegates are expected to attend the event, where the city will introduce its strengths, its commitment to investors along with local investment opportunities. 

The city plans to seek advice and experience for its development towards becoming a service and hi-tech agriculture centre as well as an information technology hub of the country.  

Accordingly, three thematic discussions will be held on services, hi-tech agriculture and information during the conference. 

Some investment projects will be awarded licences at the event.

Last year, Can Tho attracted some 77 foreign direct investment projects worth US$656 million.

The same year, the city posted its highest ever retail revenue of over VND106 trillion (US$4.66 billion), up 10 percent from 2016. With that figure, Can Tho topped the Mekong Delta and was ranked third nationwide only behind Ho Chi Minh City and Hanoi.