Japanese firms seeks opportunities in HCM City

A business delegation from Japan’s Osaka city had a meeting with Ho Chi Minh City Vice Mayor Le Manh Ha on March 20. 

The delegation is on a working visit to seek business opportunities in the city and southern provinces. 

Ha briefed the delegation on the city’s socio-economic development, and its policies to attract foreign investment, adding that the city will create favourable conditions for investors from Japan and Osaka in particular to run business in the city. 

In recent years, HCM City has focused on completing transport infrastructure, and planning industry zones and the electricity grid. It hopes to attract investment in the areas of Japanese strength such as high technology and precision engineering.

The President of Yoshiizumi Company and head of the delegation, Sasaki Keieki, said they will tour several Japanese firms investing in Ho Chi Minh City and some industrial zones to learn about the city’s infrastructure. 

Osaka’s firms excel in high technology and precision engineering, he added. 

At the meeting, the city leader answered questions and concerns about infrastructure, transportation, material sources and market demands.

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