Singaporean and Malaysian businesses seek investment opportunities in Can Tho

Wednesday, Aug 07, 2019 16:00

Representatives of Singaporean and Malaysian businesses on a visit to the Can Tho Trade, Investment Promotion and Exhibition Centre. — VNA/VNS Photo Hong Giang

Singaporean and Malaysian firms are seeking investment opportunities in the southern city of Can Tho.

In a meeting with local authorities on Tuesday, Managing Director of Business Media International and head of the Malaysian delegation Dato William Ng praised the city for its investment policies in education, healthcare, tourism, biotechnology, information technology and logistics services.

Dato said Can Tho was the most promising locality in the southwest with the best and most abundant workforce, convenient transportation infrastructure, a gateway to the Lower Mekong River basin and an important inter-regional and international transportation hub.

He said this meeting affords both sides a chance to share experience and facilitate technological transfer.

Managing Director of Malaysia’s Koay Kah Seng Enterprise expressed interest in expanding investment in real estate, energy and trade in Can Tho, including building wind, thermal and solar power plants to turn Can Tho into the first locality in the region to use clean and renewable energies.

He also proposed developing public facilities using modern technology in waste and wastewater treatment.

Director of Malaysia’s EZ Flex Consulting Company Leong Yi Whye suggested assisting local companies in market access, capital mobilisation, and listing on foreign stock bourses. He also wished to connect with domestic law consultancy offices to facilitate Malaysian investment in Can Tho.

Speaking at the meeting, Deputy Chairman of the municipal People’s Committee Truong Quang Hoai Nam committed all possible support to Singaporean and Malaysian investors. — VNS

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