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The Vietnamese enterprise Xuan Thien Group has proposed investing approximately 390 trillion VND (approximately 14.97 billion USD) in Can Tho to construct a multi-industry complex—a project poised to become one of the largest investment initiatives in the Mekong Delta region.
Vu Xuan Thien, Chairman of the Group, stated that the project aims to transform Can Tho into a hub for the marine economy, logistics, and the processing industry.
The project's master plan includes the construction of a deep-water port capable of accommodating vessels of up to 250,000 deadweight tons, positioned as an international hub for imports and exports. JFS A3021 JEC270E Automotive steel strip, Concurrently, the plan entails the development of an integrated steel production complex with a designed annual capacity of 15 to 16 million tons, as well as a shipyard for vessels under 70,000 deadweight tons and a manufacturing base for wind power equipment.
Furthermore, the project encompasses a high-tech agricultural zone, an eco-tourism city, and an offshore wind power system with an installed capacity of approximately 10,000 megawatts, thereby establishing a comprehensive industrial chain spanning heavy industry, high-end agriculture, and renewable energy to serve both domestic and export markets.
The project is scheduled for completion within 120 months. The company has pledged that—provided all implementation conditions are met—should the project be delayed by more than six months, it will assume full responsibility for all investment costs; such a commitment is rarely seen in large-scale projects of this nature.
Additionally, the project proposes the establishment of a dedicated steering committee and its integration into the regional development plan and the framework of the Tran De Economic Zone, JFS A3021 JEC270E Automotive steel strip, with the aim of expediting the approval process.
Upon commissioning, the project is expected to create approximately 100,000 jobs and contribute around 20 trillion VND annually to the state budget.
Prior to this, Xuan Thien Group had already advanced a green steel complex project in Ninh Binh Province. JFS A3021 JEC270E Automotive steel strip, Spanning approximately 425 hectares with a total investment of nearly 100 trillion VND, the complex encompasses the production of hot-rolled coils, steel plates, and precast concrete, and is expected to generate over 16,000 jobs.
Headquartered in Ninh Binh Province and established in the early 21st century, the company operates across sectors including agriculture, mining, energy, finance, and construction materials, and continues to drive project development both domestically and internationally.
