Can Tho's IZs register investment of $1.96 billion

Sep 4th at 08:35
04-09-2015 08:35:09+07:00

Can Tho's IZs register investment of $1.96 billion

Industrial zones (IZs) in the Mekong Delta city of Can Tho have 220 projects in operation, with total registered investment capital of some US$1.96 billion.

 

The management board of the local export processing and industrial zones reported the figures, adding that the disbursed capital amounts to nearly 45 per cent of the registered value, reaching $866.16 million.

During the first eight months of this year, enterprises in Can Tho's IZs posted a combined industrial production value of $824.6 million and a total trade and service revenue of $209.7 million.

The companies obtained $1.03 billion in total revenue, with some $385 million coming from exports during the period.

The management board said the city was speeding up site clearance, administrative reforms and infrastructure and human resource development to attract further investment.

Can Tho hosts eight IZs: Tra Noc 1, Tra Noc 2, Hung Phu 1 and Hung Phu 2A, as well as Hung Phu 2B, Thot Not, O Mon and Bac O Mon. The IZs are located along the Hau river, and the projects here employ more than 30,700 workers.

Can Tho is nationally considered a motivating force for the development of the Mekong Delta. The country has located key projects here, such as the Can Tho international airport, the Cai Cui port and the O Mon thermo-electricity centre.

bizhub



NEWS SAME CATEGORY

Vietnam mulls tightening food safety at non-registered food businesses

Owners of unregistered and family businesses operating in Vietnam’s food industry will have to obtain a medical check-up certificate, among many other papers, to be...

The grassland of cows in Vietnam’s Quang Nam Province

The central Vietnamese province of Quang Nam has Cau Mong beef as one of its famous specialties.

Opportunities from low inflation

The consumer price index (CPI) in August fell 0.07% against the previous month and rose by only 0.61% from a year earlier. The average inflation in the first eight...

Joint-venture ports start to wear out

SP-PSA, CMIT and SSIT Ports in Cai Mep –Thi Vai area of Ba Ria – Vung Tau province and CICT in Quang Ninh, which were developed as deep-water port complexes in the...

Are 70 percent of businesses unprofitable?

The Vietnam Chamber of Commerce and Industry (VCCI) has reported that 70 percent of businesses are unprofitable, but the General Department of Taxation (GDT) said...

Thai companies invade Vietnamese market, push aside Chinese products

Large retailers in Vietnam are either distributing more Thai goods or raising the proportion of Thai goods in their chains.

Labour market set for stiff competition

While more jobs will be created as the ASEAN Economic Community (AEC) comes into effect by the year-end, the number of Vietnamese workers with skills that meet...

Red River Delta attracts more foreign investment

The Song Hong (Red River) Delta region was able to attract US$5.68 billion in foreign-direct investment (FDI) in the first eight months of this year, accounting for...

VNA Dreamliner lands in London

Vietnam Airlines' first Boeing B787-9 Dreamliner, with the airline's new corporate identity and brand image, landed at Heathrow Airport in London on Tuesday...

Domestic retail sales increase 10.1 per cent

Total retail sales of Viet Nam's goods and services reached VND2,116.67 trillion (US$94 billion), a 10.1 per cent increase over the same period last year, or 9.1...


MOST READ


Back To Top