Many projects worth hundreds of millions of USD are ready to invest in VSIP Can Tho

Chairman of Can Tho City People's Committee Tran Van Lau pledged that the city's leaders will fully support VSIP Can Tho to soon complete and put the project into operation, bringing about efficiency.

According to Mr. Leaw Wee Ming, General Director of VSIP Can Tho Joint Stock Company, the overall infrastructure construction progress of the project is currently at about 60-70%. Key items such as the wastewater treatment plant (capacity of 6,000 m3/day), fire protection, power and water supply systems are expected to be completed and ready to serve secondary factories in the third quarter of this year. This is essential infrastructure for secondary investors to quickly deploy factory construction right after completing procedures.

The investor representative said that there are currently 4 customers committed to invest in VSIP Can Tho. Of which, BESTWAY Company with a total investment capital of 300 million USD has officially signed, the remaining 3 customers with a total investment capital of about 100 million USD are ready to sign as soon as VSIP Can Tho is granted a land use right certificate (GCNQSDD).

The investor proposed that the leaders of Can Tho City promptly approve the adjustment of the land use form from one-time land lease payment for the entire lease term to annual land lease payment, and complete the procedures for granting land use right certificates to VSIP Can Tho in early August 2025.

In addition, support the secondary investor (BESTWAY Company) to complete the dossier and issue the investment registration certificate and construction permit before August 15, 2025, to ensure the plan to start construction from August 18, 2025 and put the factory into operation from July 2026.

Other customers also plan to deploy from August 2025, right after completing the official signing with VSIP Can Tho. The investor hopes to receive support from the city to ensure the progress of the project, direct units to complete and hand over resettlement land in the field to affected households...

Leaders of Can Tho City People's Committee work with VSIP Can Tho investor

Mr. Ngo Thai Chan, Director of the Department of Agriculture and Environment of Can Tho, said that the Department has agreed and sent an official dispatch to the City People's Committee to agree in principle to allow VSIP Can Tho to change the form of land lease from one-time payment to annual payment. At the same time, it will advise on granting the Land Use Right Certificate immediately after VSIP Can Tho completes the necessary procedures.

Regarding the investor's proposal to use sea sand for site clearance, Mr. Chan said that the Ministry of Agriculture and Environment , the Ministry of Construction and the Ministry of Science and Technology have agreed to allow its use. The Department has advised the city to allow VSIP Can Tho to conduct a pilot project. At the same time, it will conduct a field inspection of the location and volume of the pilot project proposed by VSIP Can Tho (15 hectares, 300,000 m3 of sea sand) before consulting on the final decision. If the pilot is successful, this will be an important premise to solve the problem of the shortage of fill materials for other key projects of the city in the future.

Mr. Tran Van Lau, Chairman of Can Tho City People's Committee, said that VSIP Can Tho is a large-scale project, which is very important for the socio-economic development not only of the city but also of the whole Mekong Delta region. Appreciating the prestige and capacity of VSIP, Mr. Lau said that the presence of this investor in Can Tho is an honor, creating great attraction for secondary investors.

Mr. Lau requested that if the Company encounters any difficulties or problems during the project implementation, it should promptly report and make recommendations through the City Export Processing Zone and Industrial Zone Management Board. This board is responsible for coordinating with departments and branches to promptly handle investors' recommendations.

The Chairman of the People's Committee of Can Tho City pledged: "The city's leaders will fully support and accompany the Company to soon complete and put the project into operation, bringing efficiency, creating jobs for the people and contributing to the city's double-digit growth target."

VSIP Can Tho project officially started in September 2023, located in Vinh Trinh commune (former Vinh Thanh district), phase 1 area of over 293 hectares, total investment capital of 3,717 billion VND. To date, VSIP Can Tho Joint Stock Company has signed memorandums of understanding with nearly 20 potential investors.

On April 25, the BESTWAY Factory project (specializing in the production of inflatable sports and entertainment products) with a total investment of 300 million USD was launched here, expected to be operational by the end of 2026, creating more than 5,000 direct jobs for local workers with an annual revenue of 500 million USD.

Source: https://baodautu.vn/nhieu-du-an-hang-tram-trieu-usd-san-sang-dau-tu-vao-vsip-can-tho-d338784.html