Ca Mau Boosts Industrial Growth

4:07:25 PM | 14/12/2006

According to the province’s plan, PM3-Ca Mau gas pipeline will be completed by the year end supplying gas to Ca Mau Power Plant 01 (to become operational in March 2007) then to Ca Mau Power Plant 02 and Ca Mau gas-electricity-nitrogen complex. It means that when the pipeline reaches the shore, it will boost Ca Mau’s industry.
Ca Mau has a comparative edge over other Mekong Delta provinces in socio-economic development. That is the gas-electricity-nitrogen complex built in An Khanh commune, U Minh district, beginning with Ca Mau electricity plant 01 of 750MW. Ca Mau electricity plant 02 and urea fertilizer plant of 800,000 tonnes/year will be developed later. The investment capital is unprecedented in the region of poor infrastructure.
In the next five years, Ca Mau can accelerate industrialization based on the development of the complex. It can also help develop agriculture, forestry and fisheries. The province can supply energy to the entire Mekong Delta connecting with national grid and fertilizer to farmers to ensure bumper crops and orchards laden with fruit all along the Tien and Hau rivers.
To optimize these advantages, Ca Mau plans to develop four industrial zones (IZs) : Khanh An, Hoa Trung, Nam Can and Song Doc. The IZs are located in materials rich areas to ensure stable development, especially in aquatic products for export.
Khanh An IZ with low-price gas can attract projects processing agricultural produce, aquatic products, animal feed, building materials, tiles, ceramics, glass and chemicals. So far, one foreign investor has registered to build a gas-fueled power plant of 450MW.
Hoa Trung IZ with 130 hectares of land can attract processing industry for export and other industries such as mechanics and building materials.
Nam Can IZ with 200 hectares and close to Nam Can port can be developed into an open economic zone with services and industries namely seaport, shipbuilding, seafood for export, oil and gas logistics.
Song Doc IZ with 50 hectares in Tran Van Thoi district and next to Song Doc fish port can be developed with seafood processing for export and boat repair industry.
Beside mobilizing resources for the fast development of IZ infrastructure, the province has encourage the investors with precise information on land rent, land rent exemption and reduction, support for infrastructure development, training of workers, trade and investment promotion, credit support, simplifying administrative formalities.
In addition to laying down a red carpet for investors, in the next five years, Ca Mau will mobilize some VND30,000 billion for socio-economic development, getting ride of poverty, ensuring sustainable development and high economic efficiency.
Hoa Binh