Japanese investors keen on HCM City’s industrial parks
(VOV) -A number of Japanese businesses have increased their investment and production output in the Ho Chi Minh City Export Processing and Industrial Zones Authority (Hepza).
Representatives of Hepza reported that in 2013, industrial parks (IPs) and export processing zones (EPZs) in Ho Chi Minh City attracted more than 608 million, up 47% from a year earlier.
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Big investors included Saigon Precision Co. Ltd in Linh Trung IP (US$129 million), Japanese-invested Nidec Tosok Co. Ltd (US$95 million), Nidec Tosok Akiba Co. Ltd (US$10 million) and Juki Co. Ltd (US$12 million) in Tan Thuan EPZ.
Investors from Germany (Roeders), Singapore (Marvell) and Japan (Kijima Musen) have also expressed a keen interest in investing in the fields of high technology and high value-added production.
Hepza is expected to attract US$550 million in 2014, or an increase of 10% compared to 2013’s yearly plan.