Binh Duong province calls for investment from Japan

The People’s Committee of southern Binh Duong province held an online conference on November 30 to call for investment from Japan, attracting representatives of about 100 Japanese enterprises.

Permanent Vice Chairman of the provincial People’s Committee Mai Hung Dung said by the end of October, Japan had invested in over 4,700 projects worth US$64 billion in Vietnam, including 328 projects valued at US$5.77 billion in Binh Duong alone.

So far, over 90% of local firms have resumed their operations while all residents aged above 18 have been vaccinated against COVID-19, Dung said.

He added that Binh Duong is focusing on building a smart city and a science and technology industrial park. In the next period, the province will continue investing in infrastructure, especially major roads connecting with airports and seaports to save time and costs.

According to the official, Binh Duong is also stepping up digital transformation and working to build 1 million affordable houses for workers during 2022-2025.

Chief Representative of the Japan External Trade Organisation (JETRO) in Ho Chi Minh City Shinji Hirai spoke highly of Binh Duong’s investment environment, especially its advantages in terms of workforce, geographical location and infrastructure.

Japanese enterprises participating in the event also discussed the province’s measures against the pandemic in the near future.

Dung said local leaders always offer all possible support for foreign investors, including those from Japan.