Japanese firms seek investment opportunities in Ha Nam

15:25 | 15/09/2017 Economy

A business delegation from Japan’s Hyogo prefecture and Kobe city held a working session with the leaders of the northern Ha Nam province, on September 11, to inquire about the local investment environment.

Ha Nam Secretary Nguyen Dinh Khang presents a painting to the Japanese delegation

Speaking at the event, Secretary of the provincial Party Committee Nguyen Dinh Khang said that Ha Nam is now home to 60 Japanese firms, accounting for one-third of the total number of foreign-invested enterprises in the province, with a total registered capital of over US$560 million, mostly in the fields of mechanical engineering, automobiles, motorbikes and supporting industries.

Ha Nam highly evaluated the competence and cooperation of the Japanese businesses and expects more Japanese investors to carry out projects in the province, Khang said.

Vice Chairman of the provincial People’s Committee Vu Dai Thang briefed the guests about the province’s economic potential and investment attraction policies, with priority given to high-tech and supporting industries.

He said that the Dong Van III industrial park, with a favourable location and modern infrastructure, is reserved especially for Japanese investors.

In terms of agriculture, Ha Nam has advocated attracting investment in high-tech agricultural zones, apart from health care, education and training, and tourism, he stated, adding that upon investing in the locality, businesses will receive assistance in electricity, water, workforce recruitment and security and order, in line with the province’s 10 commitments to investors.

Shiro Muramoto, a special advisor of Kobe’s commercial centre, said that the visit aims to seek business opportunities in Ha Nam.

He also stated a number of firms in Kobe and Hyogo are interested in conducting business in the province.