At the meeting, Ms. Vo Thi Hong Anh, Vice Chairman of the People's Committee of Can Tho city, briefly introduced the potentials and strengths of Can Tho and the city's need to call for investment in various fields such as management and operation of export processing zones and industrial parks; climate change adaptation and environmental protection in urban areas; managing and developing urban areas and residential areas, and housings, and effectively using land; and intelligent traffic; and using database, thus helping the municipal authorities build development solutions for the city.

Ms. Vo Thi Hong Anh said that although the city has built a housing development program, it has yet to meet the increasing housing demand and different market targets. Specifically, housing for workers, low-income housing, and high-end apartment for professionals. Moreover, there are a number of lots used for developing urban areas that are left vacant for many years because investors are not able to complete building houses as well as necessary services.

Therefore, Can Tho is calling for investment from units that are capable of joining investment in projects that the city needed. Ms. Vo Thi Hong Anh emphasized that the municipal authorities will work closely with investors to quickly resolve related issues so that the two sides will successfully implement projects.

To attract more South Korean investors and experts, a direct air route has been opened between Can Tho and the Republic of Korea, making it convenient for investors and people in the two places. Furthermore, Can Tho city is gradually creating more favorable conditions and improving the business environment to smooth the path for foreign investors and experts in terms of accommodation, education, entertainment...

Vice-Chairman Vo Thi Hong Anh hoped that Can Tho will attract more and more investors from Korea to develop various projects in the city, thus helping the city to become more modern and more developed in the future.

Speaking at the working session, Seo Taekwon, executive vice president of KIND, said that the government of South Korea had allocated funds to the organization to implement some projects in the Mekong Delta region. Currently, KIND is weighing on choosing one of the five cities of Can Tho, Rach Gia (Kien Giang), Tra Vinh, Ben Tre, and Dong Thap to be developed into a smart city.

Among the five cities of these localities, Can Tho city is the largest in the region, with a relatively good infrastructure system so if the organization invests there, there will be several benefits. However, Mr. Seo Teakwon said, some Vietnamese State agencies suggested investing in provinces that still face difficulties instead of large cities to boost the economic development of these localities. Therefore, KIND is still considering its investment carefully.

Mr. Seo Teakwon wished to invest in developing smart urban areas in Can Tho and suggested a field survey for further details.

After the meeting, Ms. Vo Thi Hong Anh, Vice Chairman of the People's Committee of Can Tho city, assigned the Department of Construction to lead the KIND-Korea delegation to survey some of the locations introduced in the meeting.

Ms. Vo Thi Hong Anh, Vice Chairman of the People's Committee of Can Tho city and the delegation of the Korea Overseas Infrastructure and Urban Development Corporation (KIND)

KIND, short for Korea Overseas Infrastructure and Urban Development Corporation, is an agency under the Korean Ministry of Land, Infrastructure, and Transport (MOLIT). KIND is working in promoting public-private partnership (PPP) projects abroad, and capable of directly investing in projects as an investor through the acquisition of a portion of equity or as a direct lender. KIND's main missions are project search, project development, financial support for investment sectors, including transport infrastructure, urban development, electricity and energy, petrochemicals and other refineries, water resources, and environmental infrastructure. Currently, KIND has representative offices in 4 countries, and it manages investment funds with a total capital of up to 1.5 billion USD. In Vietnam, KIND is having investment projects in urban development with total investment capital of 390 million USD.