Business

Dong Nai province welcomes Japanese investors

The southern province of Dong Nai is keen on attracting investment in infrastructure, particularly transport, and will create optimum conditions for construction investors, including those from Japan.
The southern province of Dong Nai is keen on attracting investmentin infrastructure, particularly transport, and will create optimumconditions for construction investors, including those from Japan.

Vice Chairwoman of the provincial People’ CommitteePhan Thi My Thanh made the remark at a meeting with a delegation ofJapanese businesses led by Takahashi Harumitsu from the business andtechnology daily newspaper Nikkan Kogyo Shimbun on December 7.

She said that Dong Nai is one of the economic hubs of Vietnam andis in the process of strengthening its cooperation with other localitiesas well as domestic and foreign businesses.

Someprojects funded by Japan’s official development assistance are beingimplemented in Dong Nai, and the Northeast Asian country is the thirdlargest investor in the province at present, she added.

At the meeting, Deputy Director of the provincial Department ofPlanning and Investment Cao Tien Dung presented the province’s keyprojects, including a central road through its Bien Hoa city, worth over460 billion VND (21.9 million USD), a 1.9 trillion VND (90.5 millionUSD) road running alongside the city’s Cai River , and a 5.4trillion VND (257.1 million USD) road connecting 14 ports.

Harumitsu said that their visit to Dong Nai aimed to findopportunities to invest in the form of public–private partnership (PPP)model.

The Japanese guests said they hope to beupdated on the locality’s economic situation, incentives and plannedprojects, adding they will introduce Dong Nai to their fellow investorsin Japan .

Following the working session, thedelegation paid fact-finding visits to Long Thanh international airportand the Japan-funded Long Duc industrial park in Long Thanh district.-VNA
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