Can Tho City Chairman to Convene Meeting for Investment Project Approvals

Can Tho City is implementing a strategy to accelerate economic growth, focusing on streamlining investment procedures and boosting key sectors. The city's leadership aims to overcome bureaucratic hurdles to expedite the launch of non-budgetary projects, including crucial social and commercial housing developments.

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4 projects of social housing on public land, speed up the procedures. If necessary, report to the City People's Committee, I or Mr. Ly (Standing Vice Chairman of the City People's Committee) or even the Standing Committee of the City People's Committee will sit down together.

Chairman Truong Canh Tuyen has directed relevant departments to expedite approvals for these housing projects, even proposing a direct meeting of department heads with city leadership to finalize investment decisions swiftly. This move signals a commitment to cutting red tape and encouraging private sector investment.

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Department directors and relevant departments sit together for appraisal, and the investment policy document is issued immediately. We will change the method: department directors sit together, give opinions, record minutes, and the next day submit for approval of the investment policy. We must do it that way now.

The agricultural sector, a cornerstone of Can Tho's economy, is also set for a strategic boost. The city plans to leverage its participation in a national program for 1 million hectares of high-quality, low-emission rice. This initiative aims to increase income through the efficient use of rice straw and husks, which can be sold for significant profit. Additionally, the city will convert 3,000 hectares of low-quality rice paddies to fruit orchards and encourage the expansion of high-yield aquaculture, such as tilapia and sea bass, to diversify agricultural output and contribute to overall economic expansion.

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the ratio of increase is very large