The Korea – Vietnam Incubator Park (KVIP), which will help tap agricultural advantages and potential of the farming hub - Mekong Delta region, is set to be inaugurated in Can Tho city on November 14.
A perspective of the Korea – Vietnam Incubator Park (Photo: baodientu.chinhphu.vn)
Can Tho (VNA) - The Korea – Vietnam Incubator Park (KVIP), which will help tap a♔gricultural advantages and potential of the farming hub - Mekong Delta region, is set to be inaugurated in Can Tho city🌃 on November 14.
The KVIP, built at a cost of over 21 million USD, covers more than 13,000 square metres in the Tra Noc II Industrial Park in Phuoc Thoi ward of Can Tho’s O Mon district.
It is able to accommodate 40 foreign and domestic businesses specialising in agriculture, aquaculture, processing and related manufacturing engineering, Director of the Can Tho Department of Industry and Trade Nguyen Minh Toai said on November 12.
In particular, it will help small- and medium-sized enterprises research, develop and renovate technologies and train personnel.
Firms at the KVIP will benefit from a number of favourable policies pertaining to product and technology development, the official said, adding that more land and tax-related incentives will be provided if they continue running after their three-year stay.
Toai noted two Vietnamese businesses and another from the Republic of Korea have completed procedures for operating in the incubator park.-VNA
The Korea-Vietnam incubator park ( KVIP) project, which aims to help modernise food processing and agricultural mechanics in the Mekong Delta region, is keeping to schedule and will officially run in Can Tho city in early June, 2015, according to local officials.
The twelve-member council of the Korea-Vietnam Incubator Park (KVIP), made its official debut on September 23 in the southern city of Can Tho to prepare for the park’s official operations in June 2015.
The Republic of Korea (RoK) wishes to cooperate with Can Tho city in infrastructure development and science technology application into high-tech industry, said Kim Kyong Soo, Vice Chairman of the Korea Display Industry Association.
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A perspective of the Korea – Vietnam Incubator Park (Photo: baodientu.chinhphu.vn)
