50 Chinese companies want to collaborate with Soc Trang

From March 19th to 21st, a delegation of 50 large Chinese enterprises operating in the fields of agriculture, forestry, aquaculture, logistics, etc., will be seeking investment opportunities, cooperation, and business in Soc Trang province. This is the largest delegation of Chinese businesses to date that has come to explore collaboration and business opportunities in this local area.

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On the afternoon of March 19th, Mr. Tran Van Lau – Chairman of the People’s Committee of Soc Trang province – had a meeting with Mr. Nguỵ Hoa Tường – Consul General of China in Ho Chi Minh City, along with a delegation of leaders from 50 large Chinese corporations and companies who came to the province seeking cooperation and business opportunities. The delegation is expected to exchange and explore cooperation opportunities in Soc Trang from March 19th to March 21st.

Mr. Tran Van Lau (right) and Mr. Nguỵ Hoa Tường (left) during the meeting.

Mr. Tran Van Lau introduced the Chinese businesses to the economic strengths of the region, such as rice production of over 2 million tons per year and seafood production of over 375,000 tons per year. Soc Trang’s exports have a total value of over 1.5 billion USD, with rice accounting for nearly one-third of that (over 410 million USD per year).

The leaders of Soc Trang province introduced the Chinese business delegation to the planning and implementation of the Tran De seaport project. When completed, this seaport project will be of great significance to both the region and the province. Currently, the project is in the detailed planning and feasibility study stage.

In addition, Soc Trang is also undergoing several major projects, such as the Chau Doc – Can Tho – Tran De expressway, the Dai Ngai bridge crossing the Hau river, connecting Soc Trang to Tra Vinh and even Ho Chi Minh City. Additionally, Soc Trang currently has 5 national highways connecting to other localities in the region, not to mention the river and sea transportation systems.

Mr. Tran Van Lau welcomes the Chinese business leaders.

The Chairman of Soc Trang hopes that through this trip, Chinese businesses will find cooperation opportunities with local enterprises and increase investment in Soc Trang.

Mr. Tran Khac Tam – Chairman of the Soc Trang Business Association – stated that among the 50 Chinese corporations and companies participating in this delegation, many are strong in agriculture, forestry, seafood, and logistics. Soc Trang can also be strong in agricultural products, while China is a large consumer market, so there is 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 shoes.