Can Tho seeks investment from Republic of Korea in large-scale industrial production
Secretary of the Can Tho municipal Party Committee Nguyen Van Hieu has said the Mekong Delta city wants to draw investment from the Republic of Korea (RoK) in large scale industrial production.
Can Tho (VNA) – Secretary of the Can Tho municipal PartyCommittee Nguyen Van Hieu has said the Mekong Delta city wants to draw investment from the Republic of Korea (RoK) in large scale industrial production.
During a working session with Korean Consul General in HoChi Minh City Shin Choong Il on November 7, Hieu noted that the Republic ofKorea has invested in two official development assistance (ODA) projects in Can Tho, which are the Korea-Vietnam Incubator Park valued at 21.13 million USD, and anagriculture mechanisation project in Can Tho city with a total investment ofnearly 2.4 billion KRW (over 1.83 million USD).
He said the RoK is strongin large-scale industry, hi-tech agriculture, trade and services which lay asolid foundation for bilateral cooperation, and suggested some projects for Korean investment. One project involves buildinga complex for processing and selling agricultural products in the Mekong Delta in Can Tho. Another is a logistics hub linked tothe Cai Cui port with a total area of 100.27ha and the capacity to handle 25million tonnes of goods each year.
Shin,for his part, pledged that in hiscapacity, he will act as a bridge to expand cooperation and bring many Koreanbusiness delegations to Vietnam and Can Tho in particular to explore investmentopportunities.
Accordingto the municipal Department of External Relations, Can Tho recorded anexport-import turnover of 21.08 million USD with the RoK in the first ninemonths of this year, with primary exports of aquatic products, farm produce andprocessed agricultural products, apparওel, pharmaceuticals, and veterinary medicine./.
Jeollanamdo province of the Republic of Korea (RoK) and Japan’s Okayama city on January 4 presented medical supplies to Can Tho to aid the Mekong Delta city in the COVID-19 combat.
Representatives of the People’s Committee of Can Tho city on April 19 held a working session with a delegation from the Korea Institute for Advancement of Technology (KIAT) to discuss ways to attract more investment projects from the Republic of Korea (RoK).
Officials of the People’s Committee of Mekong Delta Can Tho city on May 16 had a working session with a delegation from the Korea - Asia Economic Cooperation Association (KOAECA) led by its chairman Lee Kim-kee, focusing on logistics and hi-tech agriculture cooperation in the time to come.
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At the working session (Photo: VNA) 
