On the afternoon of March 19, Mr. Tran Van Lau – Chairman of the People’s Committee of Soc Trang province – had a meeting with Mr. Nguy Hoa Tuong – Consul General of China in Ho Chi Minh City, along with a delegation of leaders from 50 major Chinese corporations and companies visiting the province to seek cooperation and business opportunities. The delegation is expected to exchange and explore cooperation opportunities in Soc Trang from March 19-21.
Mr. Tran Van Lau (right) and Mr. Nguy Hoa Tuong (left) during the meeting.
Mr. Tran Van Lau introduced the Chinese companies to the local economic strengths, such as rice production of over 2 million tons per year and seafood production of over 375,000 tons per year. Soc Trang’s export value reaches over $1.5 billion, with rice accounting for nearly one-third (over $410 million per year).
The leaders of Soc Trang province also introduced the Chinese delegation to the planning and implementation of the Tran De seaport project. When completed, this seaport project will be of great importance to both the region and the province. Currently, the project is in the detailed planning and feasibility report stage.
In addition, Soc Trang is also undertaking several large projects, such as the Chau Doc – Can Tho – Tran De expressway, the Dai Ngai Bridge crossing the Hau River, connecting Soc Trang with Tra Vinh and ultimately Ho Chi Minh City. Moreover, Soc Trang currently has 5 national highways connecting with other localities in the region, not to mention its river and sea transportation system.
Mr. Tran Van Lau welcoming the Chinese business leaders.
Chairman of Soc Trang province expects that through this trip, Chinese companies will find opportunities to cooperate with local businesses and increase investment in Soc Trang.
Mr. Tran Khac Tam – Chairman of the Soc Trang Business Association – said that among the 50 Chinese corporations and companies participating in this delegation, many have strengths in agriculture, forestry, aquaculture, and logistics. Soc Trang also has potential in agricultural products, while China is a large consumer market, so there are great potential for cooperation, investment, and business between the two sides.
Currently, Soc Trang has 4 investment projects from Chinese companies, including wind power, shrimp production, and leather footwear.
