Dong Nai province called on Japan to land investments in hi-tech projects, support industry development, energy saving, agricultural and industrial processing at an investment promotion conference.
Dong Nai (VNA) – The southern province of Dong Nai cꦚalled on Japan to land investments in hi-tech projects, support industry development, energy saving, agricultural and industrial processing at an investment promotion conference held in the locality on April 23.
The event drew the participation of nearly 50 Japanese enterprises, led by Isao Iijima- special advisor to Prime Minister Shinzo Abe. The companies, mostly operating in agriculture, transportation, manufacturing, health care, tourism and environment, came to seek investment opportunities in Vietnam in general and Dong Nai province in particular.
Japan is the 4th largest trade partner of Vietnam with two-way trade in 2015 reached 28.5 billion USD, said Minister of Planning and Investment Nguyen Chi Dung, adding that with nearly 3,000 projects worth 38.8 billion USD, Japan is Vietnam’s leading partner.
Dung highlighted that Vietnam pledges to complete and run a comprehensive market economy based on market rules, eliminate institutional barriers while fine-tuning the investment climate with focus on administrative improvements.
Meanwhile, Chairman of the provincial People’s Committee Dinh Quoc Thai stated that of the total 1,586 foreign direct investment projects valued at 28.4 billion USD in the province, Japanese investment accounted for 206 projects with total registered capital of over 3.7 billion USD.
Dong Nai is now calling for investment in agricultural projects in Dong Nai Food Industry Corporation in Xuan Loc district, tourism projects in Thac Mai and Suoi Mo tourism sites as well as Nhon Trach inter-port road and Trang Bom-Xuan Loc road, he added.
Speaking at the conference, Akira Motomiya, General Director of Fujitsu Vietnam Limited Computer Product Company, said that Dong Nai boasts a range of advantages to lure investments, including convenient transport system, available industrial infrastructure, high-quality and abundant workforce and favourable investment climate.-VNA
A meeting to share opportunities and address challenges in business processes was opened in the southern province of Dong Nai on March 10 with the participation of over 300 enterprises.
The southern province of Dong Nai attracted 448 million USD of foreign direct investment (FDI) in the first three months of this year, an increase of 311 percent against the same period last year.
The southern region has received 1.7 billion USD worth of foreign direct investment (FDI) in the first quarter of 2016, according to the Ministry of Planning and Investment’s Foreign Investment Agency
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Illustrative photo (Photo: baodongnai.com.vn)
