Dong Nai finds more Japanese investment

The southern province of Dong Nai has attracted 15 Japanese-funded projects with a total registered capital of 162 million USD over the first half of this year, according to the provincial Department of Planning and Investment.
The southern province of Dong Nai has attracted 15Japanese-funded projects with a total registered capital of 162 millionUSD over the first half of this year, according to the provincialDepartment of Planning and Investment.

During theperiod, the province's Nhon Trach 3 Industrial Zone alone attractedeight projects worth 33 million USD. Most of them are small andmedium-sized projects in the engineering industry.

The latest addition has brought the number of Japanese-invested projectsin the province to 132, worth over 2.8 billion USD, putting Japanthird among 36 countries and territories investing in the locality.

The number of Japanese businesses showing interest and operating in Dong Nai has been increasing, the department said.

"We will continue to create all favourable conditions for small- andmedium-sized Japanese enterprises to invest in the locality," saidChairman of the provincial People's Committee Dinh Quoc Thai.

While receiving a delegation from the Japan International Co-operationAgency (JICA) led by Jin Wakabayashi early last month, the chairmanspoke highly of Japanese investors' operations in the province over thepast time.

He said that through JICA support, a 35million USD project to build an 18-ha workshop area for Japanesebusinesses in the Nhon Trach 3 Industrial Zone would be implementedsoon.

The province has continued to perfect itsinfrastructure construction, develop support industries as well asbetter implement support policies for Japanese investors in an attemptto attracting more Japanese investment in the near future.-VNA

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