32 C
Ho Chi Minh City
Tuesday, October 20, 2020

S. Korea seeks to build smart city in Mekong Delta

Must read

Broken cargo ship poses oil spill risk

HCMC – A cargo ship named JAKARTA, which ran aground at Chuoi (Banana) Beach at the foot of the Hai Van Pass in central...

Ha Tinh evacuates over 46,000 residents as reservoir discharges floodwaters

HCMC – As Ke Go Reservoir in the north-central province of Ha Tinh is discharging 900 cubic meters of floodwaters per second, the provincial...

Quang Binh, Ha Tinh expected to face heavy downpour

HCMC – The two central provinces of Quang Binh and Ha Tinh are forecast to see heavy rains till the end of tomorrow, October...

Four bodies found in landslides in Quang Tri

HCMC – The bodies of four military personnel who were among 22 military officers and soldiers being buried in landslides in central Quang Tri...
HCMC – The Korea Overseas Infrastructure and Urban Development Corporation (KIND), under South Korea’s Ministry of Land, Infrastructure and Transport, worked with the Mekong Delta city of Can Tho on October 12 to seek investment opportunities to develop a smart city in the region.

Speaking at the working session, Seo Taekwon, executive vice president of KIND, said that the government of South Korea had allocated funds to the organization to implement some projects in the Mekong Delta region.

KIND is weighing on choosing one of the five cities of Can Tho, Dong Thap, Ben Tre, Kien Giang and Tra Vinh to be developed into a smart city, VietnamPlus news site reported.

Among the five cities of these localities, Can Tho City is the largest one, with good infrastructure, so if the organization makes an investment there, there will be a number of advantages, he said.

However, some Vietnamese State agencies suggested investing in provinces that still face difficulties instead of large cities to boost the economic development of these localities. As such, KIND is still considering its investment carefully.

Addressing the working session, Can Tho Vice Chairwoman Vo Thi Hong Anh said that the city is calling on investors in some fields related to housing, traffic, smart cities, industrial parks and processing zones.

As such, the city welcomed South Korean investors to develop various projects, especially investments in commercial centers in Can Tho City.

To attract more South Korean investors and experts, the city has opened a direct air route connecting Can Tho City with South Korea, but it is under suspension due to Covid-19.

The city is gradually creating more favorable conditions and improving the business environment to smooth the path for foreign investors and experts.

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

Latest articles

Broken cargo ship poses oil spill risk

HCMC – A cargo ship named JAKARTA, which ran aground at Chuoi (Banana) Beach at the foot of the Hai Van Pass in central...

Ha Tinh evacuates over 46,000 residents as reservoir discharges floodwaters

HCMC – As Ke Go Reservoir in the north-central province of Ha Tinh is discharging 900 cubic meters of floodwaters per second, the provincial...

Quang Binh, Ha Tinh expected to face heavy downpour

HCMC – The two central provinces of Quang Binh and Ha Tinh are forecast to see heavy rains till the end of tomorrow, October...

Four bodies found in landslides in Quang Tri

HCMC – The bodies of four military personnel who were among 22 military officers and soldiers being buried in landslides in central Quang Tri...

More than a dozen bodies found in Quang Tri landslide incident

HCMC – Rescuers had found the bodies of 14 people who were among 22 military officers and soldiers being buried in landslides in the...