On August 1, 2020, in Can Tho city, Prime Minister Nguyen Xuan Phuc chaired a meeting with leaders of Mekong Delta provinces to solve difficulties in production and business, public investment capital disbursement and promote regional economic growth.
Attending the meeting were Standing Deputy Prime Minister Truong Hoa Binh, leaders of some Ministries and Central Departments, leaders of 13 provinces in the Mekong Delta region, Ho Chi Minh City and private investors.
According to the representative of Deo Ca Group, Mr. Ho Minh Hoang - Chairman of the Board of Management, the enterprise invited by Ca Mau People's Committee, to effectively exploit the potential and strengths of Mekong Delta region we must soon construct the expressway from Can Tho to Ca Mau in the period of 2021 - 2025, when Ho Chi Minh City - Can Tho expressway will be completed and put into use in 2023.
Chairman of the BOM Ho Minh Hoang speaks at the conference
“Through researches, we recognize that Ca Mau is an attractive destination for investors because of its potential in the fields of renewable energy and tourism services; the province is the largest aquaculture and processing area in Vietnam, exporting to over 40 countries and especially the dynamic and solidarity political system. When coming to Ca Mau, we feel very assured and willing to invest as well as propose solutions to invest in Can Tho - Ca Mau expressway, deploying from both ends Ca Mau to Bac Lieu and Can Tho to Bac Lieu under PPP form in 2021-2025 period, in which 50% is state capital and 50% is private capital”, Mr. Ho Minh Hoang proposed.
In order to implement this expressway, it is necessary to have synchronous and flexible solutions by the form of public investment and PPP, mobilizing central and local budget sources, investor capital and credit capital. With the experience of proposing difficult projects such as expressway projects in Cao Bang, now continues with project in Ca Mau province, two ends of the country where has strategic defensive positions, ensuring national security. These projects often require very large investments due to the complicated terrain, complex geological features, low traffic volume and difficult to call for investment. Investor Deo Ca said that, it’s hard to successfully implement a project without the attention and guidance of the Government, the joint efforts and unanimity of the State and the private investors, the phasing and segmenting investment solutions as well as the sharing responsibilities to promote the progress of component projects between Central and local governments.
By Minh Anh
