Can Tho wishes to lure more investment from Japan

17:22 | 15/07/2017 Economy

Japan is considered as a strategic partner of the Mekong Delta city of Can Tho, especially in terms of high-tech agricultural and infrastructure development, a local official has said.

Vice Chairman of Can Tho city's People’s Committee Truong Quang Hoai Nam speaks at the meeting - Photo: VNA

At a meeting with Kyoshiro Ichikawa, Director of I.B.C Vietnam Co., Ltd and advisor to the Japan Desk Can Thoprogramme, Vice Chairman of the municipal People’s Committee Truong QuangHoai Nam expressed his hope that Japan Desk, which targets Japanese firms operating in the locality, will continue supporting the city in introducing and promoting its strengths and fields that Can Tho is calling for investment in, thus attracting more and more Japanese investors.

He suggested the establishment of an official representative office of Japan Desk in Can Tho in order to facilitate information updating and other support activities for Japanese firms, which have poured investment and those that are going to invest in the city.

For his part, Ichikawa said Japan Desk will actively assist Can Tho in luring investment projects from Japan and provide effective support for Japanese enterprises operating in the city, in particular, and the Mekong Delta region in general.

In the second half of 2017 and 2018, Japan Desk will receive over 200 Japanese firms who will come to survey investment opportunities in Can Tho, he said, adding that apart from introducing Can Tho’s investment climate, Japan Desk also collects feedback from Japanese companies operating in the locality to submit to the local authority.

In 2015 Can Tho signed a cooperation deal with I.B.C Vietnam Co., Ltd to boost connections with Japan and to conduct investment promotion activities to help Japanese firms and individuals to conduct surveys and carry out investment projects in Can Tho and vice versa. Japan Desk Can Tho was set up earlier this year.

Can Tho is calling for investment in projects worth nearly US$1 billion, such as building infrastructure in O Mon industrial park, Thoi Lai hi-tech zone, Con Son tourism site, Con Khuong amusement park, urban areas along Vo Van Kiet street, and Can Tho logistic service centre.

Can Tho is now home to 13 projects invested in by Japanese firms with a total investment of US$10.5 million.