Ca Mau goes fishing for investors

15:18 | 05/12/2012
Positioned in the southernmost part of the country and home to major fishing and agricultural industry, Ca Mau has enjoyed a fast growth pace in diverse economic fields in recent years. Ca Mau People’s Committee chairman Pham Thanh Tuoi goes inside the provincial advantages and its constant efforts to make the province appealing to investors.

Could you shed some light on the province’s potential and prominent advantages?

Ca Mau is the southernmost province of Vietnam, which is 180 kilometres south of Can Tho city. It is an economic, cultural and education-training hub in the Mekong Delta and faces the ocean on three sides.

The province accommodates 1.2 million residents, with over 650,000 people joining the labour force. Ca Mau is one of four localities belonging to the delta’s key economic zone, a thriving land with mild weather and a vast market full of development potential.

The province possesses great advantages for all-rounded economic development. With over 254km coastal stretch and around 800,000sqkm of fishing grounds, Ca Mau boasts an ideal potential to promote aquaculture and offshore fishing. Its fleet of more than 5,300 ships with a total combined capacity surpassing 382,000 horse power (CV) reports catches averaging 150,000 tonnes per year. 

The province’s total annual seafood output exceeded 400,000 tonnes, including 132,000 tonnes of shrimp. The estimated output for 2012 is 420,000 tonnes, including more than 135,000 tonnes of shrimp, providing a rich material source for the local processing industry. The province currently accommodates 28 businesses and 38 export seafood processing plants with a total designed capacity of 190,000 tonnes per year.

Ca Mau is a leading province in term of seafood processing and export. Its products have been shipped to 40 countries and territories globally, including demanding ones like the US, Japan, EU, Korea and Australia.

Ca Mau also abounds with rich forest and mineral potentials. Ca Mau forests, mostly mangrove and indigo submerged forests, are the habitat for a wide variety of flora and fauna. Forests spread over 109,000ha, of which production forests cover more than 64,000ha.

Ca Mau sea area offers huge deposits of energy, an auspicious factor to spur the development of gas-fired industries like power, metallurgy and other sectors using low-pressure gas.

Ca Mau’s economic growth perked up in recent years with annual rate exceeding 12 per cent on average. In 2011, the provincial GDP reached VND28.457 trillion ($1.36 billion), surging 11 per cent on-year, with GDP per capita averaging $1,220 and export value amounting to $910 million which is expected to reach $1 billion this year.  Besides, eco-tourism, ocean and island tourism is the province’s strong advantage with attractive destinations like Khai Long, Hon Khoai and Hon Da Bac islands.

Especially, Mui Ca Mau, the southernmost point of Vietnam, is a sacred spot in the soul of Vietnamese. Mui Ca Mau alluvial salt-marsh forest together with U Minh Ha mangrove forest was recognised by the UNESCO as the world biosphere, a valuable legacy from the mother nature.

How has the provincial infrastructure been upgraded over the years to service investors?

The government has scaled up investments into several pivotal transport works in the delta in recent years to facilitate transport between Ca Mau and other localities.

The Ca Mau gas-power-nitrogenous fertiliser complex, with two power plants of 1,500 megawatt, has plugged into the national power grid, each year providing 9-10 billion kWh and a 800,000 tonnes annual capacity fertiliser plant has been commissioned. This landmark project together with the 11,000ha Nam Can Economic Zone which already got the government’s nod would provide great impetus for regional development.

Arterial routes linking Ca Mau-Phung Hiep, National Highway 1’s Ca Mau-Nam Can section have finished construction and been put into operation. In the recent past, the Ministry of Transport has kicked-off the construction of Nam Can bridge crossing Cua Lon River which plays a crucial role to the provincial development.

The southern coastal corridor’s first phase linking Vietnam, Cambodia and Thailand with 52km passage in Ca Mau is in the development pipeline. Once completed, these projects would help awaken Ca Mau potential, helping to turn it into a gateway with vibrant trade to ASEAN countries.

Ca Mau is also busy working at industrial zone and industrial cluster planning to attract investors. Investments were channeled into industrial zone infrastructure and associated services like water, power supply, telecom, finance and banking to bring investors utmost comfort.

What is the provincial commitment to support  investors in the coming years?

Provincial management and competent agencies will try their best to support investors, particularly in land acquisition and infrastructure. Periodically, the leadership meets and directly communicates with investors and businesspeople to support them in a timely manner.

Ca Mau is happy to walk in step with investors and businesses to release this southernmost location’s immense potential.

Projects calling for investment

A. Infrastructure, technical infrastructure of industrial parks (IPs), industrial clusters, residential and  urban areas serving IPs
1.     Song Doc IP infrastructure investment (phase 1)    
2.     North Hoa Trung IP infrastructure investment (phase 1)    
3.     South Hoa Trung IP infrastructure investment (phase 1)
4.     Building Khanh An new urban area
5.     Building Khanh An township residential-trade services centre
6.     Building North Hoa Trung residential-services centre
7.     Building South Hoa Trung urban resettlement area
8.     Building Nam Can economic zone’s residential-services complex
9.     Building Song Doc IP residential-services complex
10. Building social housings and residential quarter in wards 4, 9 and Tan Xuyen, Ca Mau city
11. Building Ho Chi Minh Expressway resettlement area, Nam Can district
B. Transport
1.     Upgrading and expanding Tac Thu-Rach Rang-Song Doc road
2.     Building Ong Doc river ferry landing
3.     Building Hoa Trung bridge
C. Manufacturing, processing, mechanical… industries
1.     Building quality lobster breed production centre
2.     Building canned fish factory
3.     Building timber processing plant (PB, MDF, HDF)
4.     Building cattle feed processing plant and aquaculture
5.     Building manufacturing plant serving agriculture, forestry and fish eries
6.     Building plant manufacturing fishing facilities for offshore fishing
7.     Building shipyard
8.     Building plant on packaging production
9.     Building plant on building material production using latest technology
10. Building liquefied petroleum gas plant
11. Building ready-cast concrete component production plant
12. Building plant on chemicals and bio products processing
13. Wind power farm investment
D. Building markets and supermarkets
1.     Trade centre in ward 4, Ca Mau city
2.     Trade centre in Thoi Binh district
3.     Dam Doi township trade centre
4.     Wholesale market in ward 1, Ca Mau city
5.     Song Doc wholesale market
6.     Rach Rang market, Tran Van Thoi township
E. Tourism infrastructure investment, environment and planning
1.     Mui Ca Mau culture park
2.     U Minh Ha national park eco resort
3.     Thi Tuong Lagoon culture, sport tourism complex
4.     Making detailed planning of Nam Can economic zone’s functional areas and resettlement area (prioritizing foreign consultants)
5.     Building Truong Duc cemetery.

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