Ca Mau Province calls for investment in marine economy

Leaders of Ca Mau Province and several companies made a field trip on April 14 afternoon to the Nam Can Economic Zone and the Song Doc coastal area where they are considering the development of sea ports and a fishery urban zone.

Ca Mau leaders and investors inspect the Song Doc coastal area during a field trip to explore investment opportunities.
Ca Mau leaders and investors inspect the Song Doc coastal area during a field trip to explore investment opportunities.

Earlier that morning, a meeting had been held for the Mekong Delta province’s leadership to introduce its potential to Nam Mien Trung Group, Tuan Chau Group and Ho Guom Group.

Ca Mau Province is currently conducting an ecological shrimp farming project with 1,000 hectares of forest-shrimp land. In addition, the province is expected to call for investment in eight fishery and high-tech agriculture projects.

In urban development, Ca Mau is calling for investment in 17 urban and housing projects, including seaports in Hon Khoai, Ong Doc and Nam Can, which were already approved by the central government.

Speaking at the working session, Nam Mien Trung Chairman Hoang Anh stated that the company is interested in both seaport and urban development and expects that the provincial leaders will create favourable legal conditions for investors.

Echoing Anh, Tuan Chau Chairman Dao Hong Tuyen said that if the procedures are processed quickly, the company can promptly commence construction of a coastal fishery city in Ca Mau.

For his part, Ca Mau Chairman Le Quan highlighted the province’s strengths in fish farming and marine economy while affirming that the province will do its best to assist investors with legal procedures.