Can Tho targets 12.5% lift in industrial production
Can Tho targets 12.5% lift in industrial production
The Cuu Long (Mekong) Delta city of Can Tho intends to raise industrial production value to VND109.8 trillion (US$5.1 billion) in 2015, up 12.5 per cent from 2014, thus increasing the proportion of the industry sector in the region's economic structure to 35.7 per cent.
The city will restructure its agro-aquatic product processing industry with the intent to expand the rate of processed products to 22 per cent of the industry's output, from 17 per cent in 2014, said Duong Nghia Hiep, Deputy Director of the city's Department of Industry and Trade (DoIT).
The province also plans to funnel more than VND50 trillion ($2.3 billion) into the application of advanced technology in local businesses in an attempt to beef up production in sectors with strong domestic and international demand, such as rice, aquaculture, garments and textiles, footwear, electronics, pharmaceuticals, and consumer goods.
For aquatic product processing and rice export, two of its largest sectors, the city will develop a quality control system in line with international standards to meet increasing high-end international demand.
