Vice Chairman of Can Tho City People’s Committee Nguyen Van Hong has just issued a dispatch on the implementation of the Action Plan to implement the Strategy for Foreign Investment Cooperation in the 2021 - 2030 period.

In particular, the Chairman of Can Tho City People’s Committee assigned the Department of Planning and Investment to assume the prime responsibility for, and coordinate with the Department of Natural Resources and Environment, the Department of Construction and relevant agencies and units to regularly monitor the implementation progress of the projects. projects in the area.

In particular, reviewing and detecting projects that are slow to implement, operate inefficiently... advise the City People’s Committee to recover in accordance with regulations, create a land fund to attract new investment projects, in demand. production shift.

The Department of Planning and Investment shall assume the prime responsibility for, and coordinate with relevant units in, advising and submitting to the City People’s Committee to concretize mechanisms and policies to encourage and support enterprises in accordance with regulations in order to attract investors. investment projects, international corporations, large-scale investment projects with spillover effects.

According to the Department of Planning and Investment of Can Tho City, there are 86 foreign direct investment projects in the city, with a total registered capital of about 2,267 million USD.

In the year 2021-2022, the city has 3 trillion projects (both domestic and FDI) approved for investment policy, creating new impulses for the city’s development in the coming time. Those 3 projects include: O Mon I Thermal Power Plant Project, O Mon III Thermal Power Plant Project and Can Tho VSIP Project - Phase 1.

In particular, the O Mon II Thermal Power Plant Project was approved by the Prime Minister for investment policy by the end of 2020, with a total registered investment capital of about 1.3 billion USD.

Can Tho city currently has 86 foreign direct investment projects, with a total registered capital of about 2,267 million USD. (Illustration)

The project was built at O ​​Mon Power Center, with a design capacity of 1,050 MW, proposed by investors: Construction Trade Corporation and Marubeni Group (Japan).

Particularly in 2022, the city has granted 6 new foreign direct investment (FDI) projects with registered capital of 174.23 million USD. The total number of valid FDI projects is 86 projects, with registered capital of more than 2.22 billion USD.

In the first quarter of 2023, the city only adjusted 1 project with an increased investment capital of 38.8 million USD, and at the same time terminated 1 project with registered investment capital of 1 million USD.

In the coming time, according to Director of the Institute of Economics and Society of Can Tho City, Nguyen Khanh Tung, in order to develop synchronously, the city needs to take advantage of investment resources to improve infrastructure; especially transport infrastructure with regional connectivity, infrastructure for logistics development.

Timely removing difficulties for businesses and investors, creating a favorable environment to maintain and promote production and business activities in the city.