Japan’s Kyushu region wishes to invest in Ha Nam

Illustrative Image (Source :VNA)

Ha Nam (VNA) - A delegation from Japan’s Kuyshu region went on a fact-finding tour of the northern province of Ha Nam on February 25 to seek investment opportunities in the locality.

The delegation was led by Masaki Kawahara, Director of the region’s Bureau of Economy, Trade and Industry.

At a working session with the delegation, provincial Party Committee Secretary Mai Tien Dung said that Ha Nam wants to attract more investment from foreign firms, especially in support industry and high-tech agriculture.

The local authorities will give incentives on land and building infrastructure, aiming to encourage investment in the locality, he added.

Dung said Japanese businesses can hire land for at least 20 years for agricultural production, also receive land to build accommodation for their employees and be exempted from land hiring costs for pilot planting.

For his part, Masaki Kawahara highly valued the investment environment in the province, saying that Ha Nam has great potential to cooperate with the Kyushu region, especially in high-tech agriculture.

He expressed his hope that the province will continue creating favourable conditions for businesses from Japan in general, and from Kyushu in particular, to invest in the locality.

In the first 11 months of 2015, Ha Nam lured 62 projects worth 693 million USD, including 33 foreign-invested.-VNA