Shigabutdinov Ruslan - Member of the Board of Directors of TAIF Group said that with its strength in petrochemical refining, the firm wishes to learn about the fields of seaport services, logistics and petrochemical refining in the locality.

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Participants at the meeting

Local representatives briefed Russian investors on Can Tho’s potential, orientation and policies for calling for investment, while informing guests about the development plan of industrial park infrastructure projects and logistics centers in the city.

Tran Phu Loc Thanh, Deputy Chief of Office of the municipal People's Committee said the locality prioritizes cooperation in developing pharmaceutical and biological industries, noting that the city has zoned 1,000 ha for calling for investment in these fields.

Can Tho is home to 86 foreign-invested projects worth 2.2 billion USD from 22 countries and territories. However, there are no projects from the Russia invested in the locality.

Chairman of the municipal People’s Committee Tran Viet Truong expressed his hope that  Russian investors will be interested in projects in Can Tho in the coming time, especially in producing, processing and consuming agricultural products, logistics, seaport, and agricultural aviation.

Can Tho also wishes to promote trade cooperation with  Russian partners to export products of its strength such rice, processed agricultural and aquatic products to Russia, he said.

The municipal authorities will create the most favorable conditions for Russian businesses to develop stably and sustainably in the locality, Truong added.

Representatives of Russian investors said they will carefully review and analyze documents to better understand opportunities and projects in the Mekong Delta city.

Source: VNA