The Phase 2 investment project of Vinh Thanh Industrial Park, covering an area of over 540 hectares with a total investment of VND 7,850 billion, has just been approved by the Government.
Deputy Prime Minister Tran Hong Ha has recently approved the investment policy and investor designation for Thanh Binh Phu My Joint Stock Company to implement the project of constructing and operating the infrastructure of Vinh Thanh Industrial Park (Phase 2), located in Can Tho City.
Phase 2 of the project spans over 540 hectares, with a total investment of VND 7,850 billion, including VND 1,177 billion contributed by the investor. The project is to be implemented in Vinh Trinh and Vinh Binh communes, Vinh Thanh District, with a progress timeline not exceeding 72 months from the date the land is handed over by the state.
The Government has tasked the People’s Committee of Can Tho City with clearing the land, providing guidance, monitoring, and supervising the investor to ensure the project is implemented according to the approved plan.
The Vinh Thanh Industrial Park investment project has a total area of nearly 900 hectares, designed as a smart and sustainable industrial park. Its goal is to become a major food processing and distribution hub in the southern region.
Phase 1 of the project (VSIP Can Tho), covering nearly 294 hectares with a total investment of VND 3,717 billion, commenced in September 2023. To date, Phase 1 has achieved 100% land clearance, and the investor is constructing connecting roads into the industrial park. This is the 13th Vietnam-Singapore Industrial Park (VSIP) nationwide and the 8th industrial park in Can Tho.
According to the Can Tho City Planning for the 2021-2030 period, with a vision to 2050, the city is planned to have 13 industrial parks spanning approximately 7,473 hectares. Of these, 6 parks have been established, covering over 987 hectares. The city will establish 7 new industrial parks once they meet the legal conditions for industrial parks, with a total area of about 6,485 hectares.
Currently, industrial parks in Can Tho have 256 valid projects, occupying over 330 hectares of industrial land, with a total registered investment capital of nearly USD 2 billion. These include 226 domestic investment projects with a total registered capital of over USD 1.3 billion, 29 FDI projects with a total registered capital of over USD 608 million, and 1 ODA project in operation with an investment of USD 9.49 million.
