Ba Ria-Vung Tau, Ota look to bolster economic ties

Ba Ria - Vung Tau province has potential advantages in terms of attracting foreign investment

Provincial leaders welcomed a delegation of the Ota Ward Council recently and held discussions on ways to promote ties between the two localities in several areas.

A meeting between the visiting delegation and the provincial administration including representatives of various departments and agencies was chaired on October 28 by Tran Van Tuan, Vice Chairman of People’s Committee of Ba Ria - Vung Tau Province.

The Ota Ward Council delegation was led by Matsubara Hidenori.

Tuan said that Ba Ria - Vung Tau was stepping up exchanges and cooperation with countries around the world including Japan. In recent years, the southern province has organized many missions to Japan to learn and enhance exchanges and cooperation in all areas, he said.

He noted that Ota Ward was a locality with strong development in hi-tech industries, supporting industry and education. He hoped Hidenori and the delegation would function as bridge to attract Japanese businesses to invest in the province, especially the supporting industry.

For his part Hidenori expressed high appreciation of the socio-economic development, advantageous geographical position and other potential advantages that Ba Ria - Vung Tau had in terms of attracting foreign investment.

He echoed the provincial leadership, saying Ota Ward also looked to promote exchanges and cooperation in all fields, especially in supporting industries and education.

In addition, he also hoped that the province will soon send students to study and work in Ota Ward.

The province has at least 32 investment projects from Japan thus far, with a total investment capital of $2.6 billion.