HCM City – an attractive destination for Japanese investors
(VOV) - Le Hoang Quan, Chairman of the HCM City’s People’s Committee received a delegation of Japanese businesses led by Kohei Watanabe, President of Mekong-Japan Economic Cooperation Committee on October 31.
To facilitate their investment, HCM City has built Vietnam-Japan Industrial Park (IP) on an area of 100 hectares as part of its 1,000 - hectare for foreign investment, just after Le Minh Xuan IP.
Mr Watanabe said that Japan has considerably increased its investment in the country, especially in HCM City. He believed that in the near future, the city will become the most attractive destination for Japanese investors.
Mr Watanabe insisted that HCM City should have a master plan for development to make itself more environmentally friendly. The development of transport infrastructure is very important to facilitate the circulation of goods, he added.
On the occasion, Vietnamese ambassador to Japan, Doan Xuan Hung worked with the Southwestern Region Steering Committee and representatives from Mekong Delta provinces and cities on how to attract more Japanese investment.
Ambassador Hung said that many Japanese businesses are keen to strengthen investment cooperation with Vietnam in line with the Tokyo Strategy on Mekong-Japan cooperation.
Tran Thanh Huan, Director of the Economic Diplomacy Fund under the Ministry of Foreign Affairs said that to attract more Japanese investment in the Mekong Delta, local authorities should focus on upgrading transport infrastructure, create an open and sustainable investment environment for the development of the agriculture, fisheries and seafood processing sectors.