Can Tho calls for green industrial investment

Informing his host of the group’s project on developing and operating the infrastructure of the local Vinh Thanh Industrial Park (VSIP Can Tho), Teo said major customers from Japan, the Republic of Korea (RoK), and Europe, who invest in the IP, wish to obtain land for their factory construction in the second and third quarters of 2024.

Secretary of the Can Tho Party Committee Nguyen Van Hieu (R) and Kelvin Teo, CEO of Sembcorp Development and co-chairman of VSIP Group, at their working session on June 14 - Photo: VNA

VSIP Can Tho is the first large-scale industrial park of the Mekong Delta, Hieu said, noting that work is underway for land to be handed over to investors serving their launch of their projects next year.

Can Tho wants the VSIP Group to call for investment in agro-fishery processing, logistics and warehouses, he said.

Echoing the view, Teo wished that the local authorities will give priority to the project and pledged the group’s compliance with the law.

On October 17, 2022, the Prime Minister approved the investment in the first phase of VSIP Can Tho, which covers 293.7ha of land in Vinh Trinh commune, Vinh Thanh district. The project is expected to become a major centre for food processing and distribution and infrastructure development in the Mekong Delta, contributing to the city’s restructuring and socio-economic growth.