Can Tho keen to attract more investment from Singapore

Friday, Jan 07, 2022 10:30

Chairman of the Can Tho People’s Council Pham Van Hieu addresses the event promoting Singaporean investment in the city last year. — VNA/VNS Photo

The Mekong Delta city of Can Tho hopes Singapore will invest in and partner with it in sectors that the latter boasts strength in, Secretary of the municipal Party Committee Le Quang Manh said.

He made the remark during a working session with representatives of the Consulate-General of Singapore in HCM City on January 6.

The cooperation fields, including the 500-ha Viet Nam-Singapore industrial park project in Vinh Thanh District, could turn Can Tho into a hub of the Mekong Delta, Manh added.

Singapore has successfully rolled out an educational project in the city and is encouraged to expand investment in the field, given that Can Tho has been an educational hub in the Mekong Delta.

Local authorities also welcome Singaporean investors in the fields of health care and renewable energy, particularly investing in station No.5 of the O Mon thermal power plant and semiconductor factories so as to replace fossil fuel and reduce carbon emissions.

Singapore has been the leading foreign investor of Viet Nam in the past two years, primarily in industrial parks and financial and logistics services, among others.

For his part, Consul General of Singapore Ngee Seng Roy pledged that he would call on Singaporean companies to study projects in Can Tho.

The Singaporean side stands ready to support Can Tho in health care and aviation, as well as arrange in-person and online exchanges to attract more projects to the city in the coming time. — VNS

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