The city made the request during a working session between municipal leaders and representatives from Tokyo University and two Japanese securities and financial groups on March 25.

The projects include the construction of a factory for manufacturing and assembling agricultural machines, valued at 30 million USD, and the development of two agricultural areas applying high technology worth 33.9 million USD.

Can Tho also called for investment in another high-tech farming area in Co Do district with a total capital of 10 million USD for producing and multiplying rice varieties.

The Mekong Delta fishery centre project is estimated to cost 400 million USD, and another project to build infrastructure for O Mon industrial park needs 130 million USD in investment.

The Japanese investors were also encouraged to pour capital into a five-star hotel and conference hall worth 45.5 million USD.

According to Assistant Professor Dr. Kawashima from Tokyo University’s Faculty of Agriculture, Japanese investors are shifting their investments to ASEAN countries from China with Vietnam among its prioritised markets.

He pledged to help Can Tho introduce the projects to more Japanese investors.