Chinese group Bestway International has officially launched a US$300 million investment project in Can Tho city, marking a major boost for large-scale foreign investment in the Mekong Delta region, Vietnam’s English language news site, Vietnam Plus is reporting.
Key points:
- The factory will be located in the Vietnam-Singapore Industrial Park (VSIP) Can Tho, covering 28.6 hectares.
- Construction is scheduled to start in Q3 2025, with full operations expected by the end of 2026.
- The plant will include R&D facilities, smart warehouses, and advanced logistics infrastructure.
- Once operational, it is projected to create over 5,000 direct jobs and generate approximately US$500 million in annual revenue, primarily through exports.
- Bestway International cited Can Tho’s strategic location, transport network, workforce quality, and investment climate as reasons for its decision.
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