On February 6, Can Tho City People's Committee announced and awarded the decision on approval of investment policy, investor and investment registration certificate for Vinh Thanh Industrial Park Infrastructure Investment Project - Phase 2 (Phu My 3 Can Tho IP).
Phu My 3 Can Tho IP Industrial Park Project was approved by the Prime Minister in December 2024, with Thanh Binh Phu My Joint Stock Company (Ba Ria - Vung Tau) as the investor. The industrial park is located in Vinh Trinh and Vinh Binh communes (Vinh Thanh district, Can Tho), with a total area of over 540 hectares; total investment capital of VND 7,850 billion; operating period of 50 years from the date of land lease.
Mr. Duong Tan Hien - Permanent Vice Chairman of Can Tho City People's Committee said that by January 2025, Can Tho currently has 6 industrial parks; of which, 5 industrial parks are in operation and 1 industrial park is investing in building technical infrastructure, which is Vinh Thanh Industrial Park (phase 1).
According to Mr. Duong Tan Hien, up to now, Can Tho export processing and industrial zones have 257 projects; total registered investment capital is about 2.3 billion USD, implemented capital is about 1.3 billion USD; with 227 domestic investment projects, 29 FDI projects, 1 ODA project... Showing that the potential and room for industrial development of Can Tho city is very large.
The Standing Vice Chairman of Can Tho City People's Committee informed that this is the 7th industrial park project of Can Tho City, which is very important in developing specialized industry, attracting investment projects to implement industry clusters.
