Industry – handicraft production in the province has achieved a relatively high speed, contributing to rapid economic restructuring. Industry has been playing an important role in the economic structure of the province.
The whole province now has 6.659 industrial production establishments, an increase of 2.945 establishments compared to the first day of re-establishing the province. The total value of industrial production, handicrafts in 2016 reached 37.650 billion VND, equaling 74,3% of the plan, down 16,8% compared to 2015.
The province has invested hundreds of billion VND to complete the rural electrification program. In 2009, electricity was brought to 100% of hamlets in the province. The number of households using electricity by the beginning of 2017 accounted for 98,2% of the total households in the province, an increase of 0,7% compared to the end of 2015. In 2016, the province started construction of large-scale electricity projects such as: Wind power plant in Khai Long tourist area, phase 1, with a capacity of 100 MW, invested by Cong Ly Construction – Trading – Tourism Co., Ltd., total investment of 5.519 billion VND; The rural power supply project in Ca Mau province in the period of 2015-2020 is invested by the Southern Power Corporation with a total investment of 892 billion VND.
Processing industry of the province is mainly processing aquafood and seafood. In recent years, seafood processing plants have been invested in technological innovation, increasing processing capacity and improving quality. Products of seafood processing industry have affirmed their brand name in the world market. Many businesses processing aquatic products have accessed difficult markets such as the US, Japan, Australia, EU … The production of seafood processing in 2016 reached 128.812 tons, reaching 82.5% of the plan.
Besides the traditional industries, handicrafts such as seafood processing, food, woodwork, building and repairing ships …
Ca Mau is promoting the industrial promotion program to develop rural cottage industry and handicrafts and utilize raw materials from agro-forestry production.
Ca Mau also has Nam Can Port, an important port in the port system in the Mekong Delta and convenient for expanding trade with countries in the region. The cargo throughput capacity is over 100.000 tons/year.
Ca Mau Province has 04 industrial parks including Khanh An Industrial Park, Hoa Trung Industrial Park, Nam Can Industrial Park, Song Doc Industrial Park; 03 industrial clusters, including ward 8, Tan Xuyen and Ca Mau gas – electricity – fertilizer industry cluster is invested by Vietnam Oil and Gas Group, with an investment of over US $ 2 billion. In particular, including PM3 – Ca Mau gas pipeline project, capacity of 2 billion cubic meters/year; 02 Power plants Ca Mau 1 and Ca Mau 2, with a total capacity of 1.500MW and a nitrogen plant with a capacity of 800.000 tons/year. The electricity output in 2016 reached 7.618 million KWh, reaching 89,6% of the plan, up 2,9% over the same period; Nitrogen production reached 699.348 tons, reaching 87,4% of the plan, down 5% over the same period of 2015.
Besides, Ca Mau is also actively involved in building the development triangle of Can Tho – Ca Mau – Kien Giang, contributing to the development of industry of the province in the coming years.
Currently, in addition to the application of mechanisms and policies to attract investment in accordance with the general regulations of the State, Ca Mau province also has a number of local specific mechanisms and policies to encourage domestic and foreign investors invest in Ca Mau such as site clearance, land acquisition, preferential business loans, priority in selecting premises and many other incentives; fair and transparent investment policies. /.