Can Tho City promotes cooperation with Korean association

Wednesday, 18/05/2022 11:49
The Republic of Korea (RoK) is currently a major investor in Vietnam in general and Can Tho City in particular. In Can Tho alone, there are currently 14 direct investment projects from the RoK with a total registered capital of about USD261 million, ranking 2nd among countries and territories investing in the city.

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Chairman of the Can Tho City People's Committee Tran Viet Truong gives a present to Mr. Lee Nam Kee, KOAECA Chairman. (Photo: TDO)

The figures were provided by Chairman of the Can Tho City People's Committee Tran Viet Truong during his reception for Mr. Lee Nam Kee, Chairman of the Korea - Asia Economic Cooperation Association (KOAECA), on May 16.

During the reception, Mr. Truong informed Mr. Lee Nam Kee about the potential and cooperation and investment opportunities in the city. Accordingly, Can Tho City is implementing plans on a center for linkage, production, processing and consumption of agricultural products in the Mekong Delta in Can Tho, with an area of 3,300 ha; an airport with a scale of about 10,000 hectares; and a regional logistics center.

“The city is promoting investment attraction with Korean partners in fields such as high-tech industry, logistics, commerce and real estate business,” he said.

He said he hoped Mr. Lee Nam Kee would study and propose cooperation and investment directions, and introduce to Korean investors cooperation opportunities in the city. "The city's leaders are committed to providing the best support in terms of information, planning and procedures for investors," he stressed.

According to Mr. Lee Nam Kee, Korean investors are very interested in economic development issues in the direction of high-tech production and application of digital transformation. “The city’s orientation of development is very suitable with this goal,” he said, pledging to make efforts to promote cooperation connections between KOAECA with Korean investors and Can Tho City.

At the meeting, the City Department of Planning and Investment and KOAECA signed minutes on exchange of information on the investment research cooperation in the near future; exchange of information on experience in developing socio-economic planning to serve the proposal of building investment projects in the city; and support to solve difficulties for businesses and projects in the city in terms of finance, investment, production and business./.

 

Compiled by BTA

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