On April 25, VSIP Can Tho Joint Stock Company in collaboration with Bestway Vietnam Sports and Entertainment Products Co., Ltd. held the Launching Ceremony of the Bestway Factory Project in Vinh Thanh Industrial Park Phase 1 - VSIP Can Tho Industrial Park.
Speaking at the ceremony, Mr. Nguyen Thuc Hien - Vice Chairman of Can Tho City People's Committee - said that the Vinh Thanh Industrial Park Project Phase 1 - VSIP Can Tho Industrial Park was approved by the Prime Minister in Decision No. 1255 of 2022 with a scale of 293.7 hectares, a total investment of VND 3,717 billion, invested by VSIP Can Tho Joint Stock Company.
In recent times, VSIP Can Tho Joint Stock Company has closely coordinated with the city's departments, branches and sectors throughout the project implementation process, from investment preparation, site clearance to investment in technical infrastructure construction. Up to now, the project has basically met the conditions to call for and attract secondary investors to invest. Bestway is the first secondary investor to implement a project in VSIP Can Tho Industrial Park.
Sharing about the reason for choosing Can Tho City for investment, Bestway representative said: Can Tho has a strategic location as the center of the Mekong Delta (MD), with a convenient network of waterway, ministries and aviation transportation. Abundant human resources, rich and many high-quality talents. Local authorities have been implementing enthusiastic support policies and services, creating more confidence for us in the future.
Investor Bestway chose VSIP Can Tho Industrial Park to continue expanding production investment with a scale of about 28.6 hectares; total estimated investment capital is 300 million USD.
The project will start implementation from the third quarter of 2025, expected to be completed and put into operation by the end of 2026. The goal is to invest in building a modern production facility, integrating research and development, smart manufacturing and green logistics.
It is expected that the project will create more than 5,000 jobs for the locality and contribute to annual revenue of 500 million USD, serving the export and domestic markets, while contributing to the economic development of the region.
According to Vice Chairman of Can Tho City People's Committee Nguyen Thuc Hien, the launching event of investor Bestway has contributed to affirming Can Tho as an attractive destination for investment and production - business. The leaders of the City People's Committee also pledged to always accompany and improve conditions for infrastructure and investment environment, creating all conditions to support investors in project implementation in the city.
The City People's Committee assigned the Can Tho Export Processing and Industrial Zones Management Board and the city's departments and branches to regularly monitor and actively support VSIP Can Tho Joint Stock Company and Bestway Company in carrying out investment procedures in accordance with regulations, to implement the completion of the Factory in accordance with the plan.
