The plant, which will be capable of treating 23,667 tonnes of medical and industrial waste per year, is set to be located in O Mon district.
The construction cost is estimated at VND91 billion (US$4.09 million), of which some VND81 billion (US$3.64 million) is to be borrowed from the municipal development fund.
If approved, the plant will become the first private-invested facility to treat medical waste in the city.
At the meeting, Chairman of Can Tho People’s Committee Vo Thanh Thong said the city encourages the private sector to take part in dealing with local waste, which is now a pressing issue.
He stated his agency will provide favourable conditions for the implementation of the project once it is given the green light.