Ha Tinh calls for Japanese investment
(VOV) -Ha Tinh currently ranks sixth in terms of foreign investment attraction, said mayor Vo Kim Cu.
He was speaking at a seminar which was jointly held on September 25 by the Japanese Embassy Sumitomo Mitsui Bank and the Ha Tinh provincial People’s Committee as part of activities marking the Vietnam-Japan Friendship Year and the 40th anniversary of bilateral diplomatic ties between the two countries in more than 100 delegates from Japan’s big groups such as Sumitomo, Mitsubishi and Sojitz were present at the seminar.
They were encouraged to invest in the local support industry, transport, manufacturing and infrastructure sectors.
The provincial leader pledged to support Japanese investors, especially in administrative procedures.
Hirokazu Yamaoka, a representative from the Japan External Trade Organization (JETRO), suggested localities like Ha Tinh should draw more Japanese investors into their local development projects, especially in steel manufacturing.
Japanese businesses are currently operating in 36 Vietnamese localities, but most of them in seven biggest provinces and cities.
At the seminar, three memorandums of understanding on investment and product supply were signed between Ha Tinh and Japanese businesses.