Vietnam’s Mekong Delta to Draw Industrial Investment with Critical Infrastructure Projects

Sep 2023

The Mekong Delta is set to attract impressive industrial investments to the region through a series of large-scale infrastructure projects. Among these projects, the Vinh Thanh Industrial Park, which will cover 293.7 hectares in Can Tho City, will receive USD 153 million from the Vietnam – Singapore Industrial Park (VSIP) joint venture. From Vietnam’s side, the local government committed to pouring around USD 23 million to construct two roads connecting the park with National Highway 80 and Vam Cong Bridge.

In October 2022, SLP Vietnam commenced a warehouse project covering 29,000 square meters of land in Vinh Long province, contributing to relieve pressure on the overloaded logistics infrastructure of Ho Chi Minh City. Similarly, the Gilimex Vinh Long Industrial Park is currently being prepared for the first-phase construction. The USD 400 million project is located in Binh Tan district of the province, and it will be executed in two phases, encompassing a total area of 400 hectares.

According to consulting company Savills Vietnam, many investors will continue to choose the Mekong Delta as their investment location in the future, particularly in the food and beverages processing sectors.

In the approval plan on the national road network for the 2021-2030 period with a vision to 2050, the region is set to have six expressways containing at least four to six lanes with a total length of 1,166 kilometers. In addition, the region will also invest in its port complexes to utilize the Delta’s logistics, production, and sea transport advantages.

(Source: VietnamPlus)

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