Can Tho’s municipal government is giving its all to make the city the Mekong Delta’s industrial hub by 2020.

The city’s industrial production value till this month may reach up to 6.2 trillion VND (387.5 million USD), putting the accumulated value 21 percent ahead of schedule.

The city has several policies to encourage development, from providing loans to helping local firms update their equipment and expand domestic and foreign markets. Can Tho’s targeted industrial production value this year is 15.5 trillion VND (969 million USD).

Hundreds of billions of dong have been earmarked for infrastructural development projects, including expansion of the power grids at Cai Rang, Ninh Kieu, Binh Thuy District and Tra Noc II Industrial Parks.

The city’s People’s Committee asked the Government to accelerate construction of the Can Tho bridge and Tra Noc Airport.

The city’s Department of Industry has also requested the Ministry of Industry to finish the O Mon Thermo Power Plant.

Source: VNA