Japanese firms eye up investment in Ha Nam
Many Japanese businesses have expressed interest in investing in Vietnam’s northern province of Ha Nam to supply top quality products for the Southeast Asian market and others in the region, said Tsunemasa Teramoto, a representative from Japan’s Ministry of Agriculture, Forestry, and Fisheries.
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| Vice Chairman of the Ha Nam People’s Committee Truong Minh Hien (standing) speaks at the working session with Japanese firms (Photo: VNA) |
Teramoto, who led a delegation of Japanese firms operating in the fields of manufacturing and processing farm produce, forestry, and seafood, and cargo transportation, made the statement at a working session with the provincial People’s Committee on January 22.
With their strengths in technology, Japanese businesses also want to cooperate with local partners to develop agriculture in Ha Nam towards modernity and sustainability, he said.
Vice Chairman of the provincial People’s Committee Truong Minh Hien introduced the advantages and potential of the province in terms of economic development and investment attraction policies.
He said the locality prioritises high-tech and support industries, adding that Ha Nam has reserved Dong Van III Industrial Park – which features a favourable location and synchronous infrastructure – for Japanese businesses looking to operate in the province.
With regards to agricultural policy, the province is looking to draw businesses to its high-tech agricultural zones, as well as its safe, clean agricultural production.
While investing in the province, businesses will be supported with electricity, water, transportation, labour recruitment, and public order security, Hien said.
He noted that Japan is now ranked the second largest foreign investor in Ha Nam with over 70 projects.
The province highly appreciates the capacity from Japanese investors and hopes more enterprises from Japan will carry out investment projects in the locality.
At the session, participants discussed other issues such as land rent, project schedules, human resources, supply of production materials, and infrastructure support mechanisms.
The same day, the Japanese business delegation made a fact-finding tour to a high-tech agricultural zone in Nhan Khang commune, Ly Nhan district.
