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Can Tho city woos Japanese investors

Japan Desk, which serves as a bridge between Japanese businesses in the Mekong Delta city of Can Tho and local authorities, made its debut at the 59th Asia Business Conference in the city on November 4.
Can Tho city woos Japanese investors ảnh 1Members of Japan Desk (Source: VNA)

CanTho (VNA) – Japan Desk, which serves as a bridge between Japanesebusinesses in the Mekong Delta city of Can Tho and local authorities, made itsdebut at the 59th Asia Business Conference in the city on November4.

Establishedin September 2017, the working group comprises 14 members with Vice Chairman ofthe Can Tho city People’s Committee Truong Quang Hoai Nam as its head andKyoshiro Ichikawa, Director of I.B.C Vietnam Co., Ltd as its advisor.

The group will collect information about Japanese enterprises operating in CanTho and partner with the local authorities to roll out solutions to supportthem, while introducing cooperation and investment opportunities of Can Tho andthe Mekong Delta to Japanese firms.

Accordingto Nguyen Khanh Tung, Director of the Can Tho Investment-Trade Promotion andExhibition Centre, by the end of September 2017, Japan had been Vietnam’ssecond largest foreign investor.

InCan Tho alone, four projects funded by Japanese ODA to the tune of over 7billion VND (308,000 USD) have been completed since 2013, he said, adding thatin the first eight months of 2017, Can Tho exported 59.4 million USD worth of productsto Japan while importing 11.2 million USD from the country.

ViceChairman of the Can Tho city People’s Committee Truong Quang Hoai Nam said CanTho is calling for investments in a number of projects, with priority given toJapanese partners. They include a high-tech agriculture project with estimated capitalof 26 million USD in Co Do district, an industrial infrastructure project forJapanese firms in O Mon district, a centralised IT area and a logistics centre,both in Cai Rang district.

Japanesebusinesses investing in these projects will receive the best support from thecity, he promised.

The59th Asia Business Conference took place within the framework of thethird Vietnam-Japan Cultural Festival.-VNA
VNA

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