The northern port city of Hai Phong always creates the most favourable conditions to attract investors, Chairman of the city People’s Committee Duong Anh Dien told a visiting Japanese business delegation on July 27.

At a working session with delegates from the Japan Business Federation (Keidanren), he said with favourable road and water way system, Hai Phong has become an attractive destination for investors, one of the top 10 cities and provinces nationwide in terms of FDI attraction.

Economic and industrial zones in the city have an average occupancy rate of 50 percent, with Nomura Industrial Park reporting a 100 percent rate.

By July, the city’s EPs and IPs attracted 10 billion USD of investment, including 5 billion USD in FDI and 2 billion USD in domestic investment.

The city’s leader emphasised that Japan is the biggest investor among nearly 30 countries and territories investing in Hai Phong city.

In reply to the guests’ concerns about the workforce, administrative procedures and investment environment, Chairman Dien said with four universities, eight colleges and 50 vocational training schools, Hai Phong is sure it can supply sufficient high quality human resources.

The city will continue to work for an open investment environment and administrative procedures, while accelerating the construction of infrastructure, he said, naming a number of key projects such as Lach Huyen deep sea port, Cat Bi airport and the Hanoi-Hai Phong highway.

Hai Phong will give priority to investment in hi-tech and environmentally friendly projects as well as in support industries for sea ports and logistics, he said./.