Investment Opportunities
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CAN THO CITY - VIETNAM CAN THO INVESTMENT OPPORTUNITIES 1 2 CAN THO, INVESTMENT OPPORTUNITIES ADMINISTRATIVE MAP OF CAN THO CITY CAN THO, INVESTMENT OPPORTUNITIES CAN THO, INVESTMENT OPPORTUNITIES 3 Mr. Le Quang Manh - Chairman of Can Tho City People’s Committee Can Tho City - Ready to create favorable conditions for investors Can Tho is a municipality, located at the heart of the Mekong Delta; being favored with fertile land and temperate climate by nature, Can Tho has its own typical advantages in producing and processing agricultural and aquatic products for domestic consumption and export. However, the City’s outstanding advantages are its strategic geographic position and development orientation to make the city become an industrialized and modernized city, being the representative city of the region as approved in the Resolution No. 45-NQ/TW dated February 17th, 2005 of the Politburo. Since then, the City has focused on developing projects in the fields of urban infrastructure, transport infrastructure; high-tech agriculture; agricultural and aquatic product processing industry; tourism and infrastructure for tourism; supporting industries, etc. assisting the City to confirm its role as an important transport hub of the country in terms of river ways, roads, sea and airways, trading within the region and the whole country; being a central city that plays a very important role in both socio- economic and national defense and security, as well as the driving force for the development of the region. Can Tho is aiming to become a national-level plain city which is a civilized, modern, bright, green, clean and beautiful city, being the center of industry, trade-service, education, training, science and technology, health care and culture of the region. At the present, Can Tho is paying great attention to support and being ready to create favorable conditions for investors and enterprises to develop. 4 CAN THO, INVESTMENT OPPORTUNITIES * Ph.D Nguyen Dinh Cung, - Center of geographic connectivity of the whole Mekong Delta: Can Tho is located in the middle and downstream area, the center of the Mekong President of Central Institute for Delta; being an important node in the Mekong Delta transport network. Economic Management (CIEM- The Ministry of Planning and Two large seaports playing important roles in the whole region: Cai Cui Port Investment) and Can Tho Port, receiving ships of 10,000 tons to 20,000 tons, capable of handling 4.5 million tons of cargo a year. Can Tho Port is a national general port, a regional hub and a class I port in Vietnam’s seaport system, which is the main port of the Mekong Delta. In terms of roads, the City connects with Ho Chi Minh City through National Highway 1 and the expressway of Ho Chi Minh City - Trung Luong - My Thuan - Can Tho. The waterway network is well connected with other provinces in the region. Can Tho International Airport connects Can Tho with other parts of Vietnam and other countries in the region. - The Economic Connection Center of the Mekong Delta: Through Can Tho, goods of the Mekong Delta are circulated to all regions of the country. Can Tho also plays the role of transshipping goods of the whole country to the provinces in the region; being the gateway to the western and southern provinces of Hau River, playing the role of connecting these provinces with Ho Chi Minh City. *Mr. Motoyuki Nakamura, General Director of Tri Viet International Company Limited We know that Can Tho has been the home of huge and qualified human resources in the Mekong Delta, thus we have decided to come here to invest. Being the Company specializing in manufacturing sports gloves for export and more than 10 years of investment in Can Tho with high efficiency. The support of the government is very good; the exchange and contacting are convenient; tax incentives are also quite attractive. Initially, the procedural paperwork is quite complicated but the authorities always provide detailed guidance and prompt answers. From that success, we plan to open another factory in Can Tho. * Master Nguyen Phuong Lam Director of Vietnam Chamber of Commerce and Industry (VCCI) Can Tho Branch Director in charge of Vietnam Chamber of Commerce and After 14 years of PCI Index disclosure (Provincial Competitiveness Index- is considered Industry (VCCI) Can Tho Branch: sửa lại thành: Director of the voice of the private business community, reflecting the quality of local Vietnam Chamber of Commerce and Industry (VCCI) Can economic governance), Can Tho is estimated to be very stable and has significantly Tho Branch improved year after year. Especially, in the last 7 years, Can Tho has been in the top 15 provinces, the top city of the country. Particularly in 2018, Can Tho had ranked 11th out of 63 provinces of the country on the Provincial Competitiveness Index (PCI). This continues to affirm the stability in the economic governance of the City administration, and at the same time shows that Can Tho has significant improvements in the business environment, investment in the direction of ventilation, create favorable conditions for enterprises in production and business activities. *Mr. Nam Jung Dae General Director of Tae Kwang Can Tho Liability Company Through operation in Can Tho, I noticed the City leaders together with leaders at Departments, Branches, Management Boards of Export Processing Zones and Industrial parks... cared, supported, and created a lot of favorable conditions for enterprises from executing the investment project involving the construction of factory, until the production and business operations, especially the simplifying administrative procedures of business and investment. The company has invested in many localities, but the time to process procedure for issuing investment licenses in Can Tho City is the fastest. Specially, for the project of Tae Kwang Can Tho Liability Company, Can Tho City People’s Committee Established the Steering Committee for ground clearance work managed by Vice Chairman of City People’s Committee as the Group Leader, as a result, the Company’s ground clearance work in Phase 1 has been completed in less than 70 days. CAN THO, INVESTMENT OPPORTUNITIES CAN THO, INVESTMENT OPPORTUNITIES 5 CAN THO - ECONOMIC CENTER OF THE MEKONG DELTA - Economic structure: + Agriculture, forestry and fishery: 8.14% + Industry - Construction: 32.70% + Service: 58.16% - Total export turnover of goods and services: USD 2,070 million - Import turnover: USD 450 million - Total retail sales, services revenue: USD 5.181 billion - Total investment capital: USD 1.958 billion - Number of FDI projects/valid capital: 82 projects/ USD 693.35 million - Provincial Competitiveness Index 2018 (PCI): ranked 11 out of 63 provinces/cities nationwide - Number of hospitals, medical establishments: 25 General hospitals, 85 health stations. - Revenue from tourism: USD 163 million - Total tourists to Can Tho: 8.48 million people (of which 1.9 million tourists reside temporarily) - Percentage of population having access to clean water: 84.7% - Number of universities and colleges: 15 (05 universities, 10 colleges) - The rate of solid waste collection in urban areas: 91% (Data in 2017) GRDP per capita Labor force USD 741,474 people 3.460 6 CAN THO, INVESTMENT OPPORTUNITIES CAN THO - ECONOMIC CENTER OF AREA POPULATION THE MEKONG DELTA 1,439.2 2 Total state 1,282,274 km budget people revenue: USD 526 million Number of urban districts and rural districts GRDP current prices 5 urban districts 4 rural districts USD 3.750 billion GRDP INCREASE The rate of 7.505% trained workers (compared to year 2017) 72% CAN THO, INVESTMENT OPPORTUNITIES 7 Why should invest in Can Tho ? ° STRATEGIC POSITION ° DEVELOPED INFRASTRUCTURE ° HUMAN RESOURCES TRAINING CENTER; SCIENCE AND TECHNOLOGY OF THE MEKONG DELTA ° MEDICAL AND HEALTH CENTER OF THE REGION ° FRIENDLY INVESTMENT ENVIRONMENT ° HEALTHY LIVING ENVIRONMENT ° DIVERSE ECONOMIC POTENTIAL 8 CAN THO, INVESTMENT OPPORTUNITIES Strategic position AN GIANG Hoang Sa MEKONG DELTA HO CHI MINH CITY Phu Quoc HO CHI MINH CITY CAN THO Truong Sa CAN THO KIEN GIANG CA MAU The Mekong Delta consists of 13 provinces and cities. Can Tho is a municipality, the economic, education- training, scientific-technical and medical center of the Mekong Delta. CAN THO, INVESTMENT OPPORTUNITIES 9 COMPLETE TRANSPORT INFRASTRUCTURE Expressway Expressway project from Ho Chi Minh City to Can Tho has completed the sections of HCMC - Trung Luong; the section of Trung Luong - My Thuan - Can Tho is HO CHI MINH CITY under construction (planned to be Quốc lộ 91 ĐONG THAP LONG AN completed before year 2020). AN GIANG River way MY THO Quốc lộ 80 KIÊN GIANG TIEN GIANG Can Tho has two national TP VĨNH LONG waterways crossing which are the BEN TRE CAN THO Ho Chi Minh City - Ca Mau Route and Ho Chi Minh City - Kien Luong Tuyến Cần Thơ - Vị Thanh Route. These are the two main TRA VINH HAU GIANG Roads waterways of the Mekong Delta. SOC TRANG There are 06 national highways Quốc lộ Nam sông Hậu crossing Can Tho, including: CA MAU BẠC LIÊU National Highway 1, National Quốc lộ 1A Highway 91, National Highway *Notes: 80, National Highway 91B, Southern Hau River Route and Completed Expressway Can Tho - Vi Thanh Route, Under-construction Expressway conveniently connecting Can National Highway River way Tho with HCMC and other provinces in the region SEAPORTS Tra Noc Port: Receiving ships of 5,000 - 10,000 DWT; Clearance capacity reached 1.0 -1.5 million tons; it is expected to reach 2.5 - 3.0 million tons per year in year 2020. Hoang Dieu Port: Receiving ships of up to 10,000 DWT; Clearance capacity reached 2.0 -2.5 million tons; it is expected to reach 3.0 million tons per year in 2020. Cai Cui Port: Receiving ships of up to 20,000 DWT; Clearance capacity reached 3.5 – 4.0 million tons; It is expected to reach 6 - 7 million tons per year in 2020.