Ca Mau calls for investment in industrial parks

The southernmost province of Ca Mau is calling for investment for its four industrial parks (IPs), namely Khanh An, Song Doc, Hoa Trung and Nam Can from 2015-2020, according to the provincial Department of Planning and Investment.

Covering nearly 150 hectares, the IPs have favourable geographical positions which are expected to facilitate investor operations. 

Director of the Department of Planning and Investment Mai Huu Chinh said the province faced difficulties in attracting investment flows in the 2010-2013 period but it has seen more positive changes since 2014. 

Apart from a number of central-level projects and high value foreign investments operating in the locality, Ca Mau has granted investment certificates to 173 smaller-scale projects with total registered capital of nearly VND1 trillion  (some US$46 million) so far. 

As part of efforts to draw more investors, local authorities have implemented a number of measures such as simplifying administrative procedures and offering tax incentives.

They are also paying due attention to building and upgrading infrastructure systems connecting Ca Mau city to its IPs while intensifying promotion activities to introduce the province’s potentials and strengths to possible investors.