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Dong Nai encourages Japanese investment

Dong Nai pledges to create a favourable business climate for Japanese companies, said Nguyen Phu Cuong, Deputy Chairman of the provincial People’s Committee.
Dong Nai pledges to create a favourable business climate forJapanese companies, said Nguyen Phu Cuong, Deputy Chairman of theprovincial People’s Committee.

He made the remarks during ameeting on June 12 with a Japanese delegation led by the Presidentof the Japanese Business Association in Ho Chi Minh City(JBAH) Tsutomu Sakagami.

Cuong said the province encourages foreign businesses to invest in high-tech agriculture, real estate, and tourism.

DongNai is currently home to about 1,500 FDI projects, worth more than 27billion USD. Of which, Japan has nearly 200 enterprises with a totalcapital of over 4 billion USD.

For his part, Tsutomu Sakagamihighlighted Dong Nai’s potential in attracting investment in agricultureand industry, saying Japanese businesses will invest in the province inorder to welcome the Trans-Pacific Partnership (TPP).

Dong Nai has recently received a number of Japanese businesses who wish to invest in the province.

OnJune 3, a delegation of Japanese enterprises from Nagoya region, ledby Hiroyasu Naito, Vice Chairman of Nagoya Chamber of Commerce &Industry (NCCI) and President of Rinnai Corp, embarked on a fact-findingmission to Dong Nai in order to seek investment opportunities in theprovince.

Earlier, the province and the Bureau of Economy, Tradeand Industry of Japan’s Kansai region signed an economic cooperationframework agreement, with a focus on links in support industry.-VNA

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