Japanese firms eager to invest in Binh Duong
(VOV) - A delegation from Japan’s Akita prefecture led by its Vice Mayor Iwasawa Michitaka arrived in Binh Duong southern province on August 1.
Provincial People’s Committee Chairman Le Thanh Cung said the province had decided to solicit the assistance of Japanese foreign investors to improve technology and product quality and sharpen competition in the domestic market.
Cung added the provincial leaders have always strived to timely remove difficulties for foreign investors, and create the most favourable conditions for them to develop production effectively and efficiently.
Professor Umehara Katsuhiko from the Akita International University Centre for East Asia said he was impressed with the rapid development of Binh Duong province over the past few years.
“Binh Duong has made tremendous progress and is on the path to becoming a modern and industrialized city in the near future, he said adding, “Japan is delighted for the opportunity to play a pivotal role in the city’s development.”
Professor Katsuhiko said he will introduce Vietnam, especially Binh Duong province to Akita prefecture’s business community with the aim of strengthening cooperation between the two localities in the near future.
For his part, Vice Chairman Cung said Binh Duong has 2,317 foreign-invested projects capitalised at US$19.834 million from 39 nations and territories around the globe. Japan leads the pact with 220 projects with investment at US$4.7 billion.
In addition, the province has received support from Japan’s ODA source to effectively implement infrastructure projects on drainage and environment.