Workers at Thang Long Industrial Park II in Hung Yen province (Photo: VNA) Tokyo (VNA) – The northernprovince of Hung Yen will spare no efforts to turn it into the optimalinvestment destination for Japanese investors, Chairman of the provincialPeople’s Committee Nguyen Van Phong said on September 27.
Speaking to more than 100 representativesof Japanese firms participating in an event calling for investment to HungYen’s industrial parks (IPs) held in Tokyo, Phong underlined that the province badlyneeds cooperation in the transfer of modern and eco-friendly technologies,adding that Hung Yen will create favourable conditions for Japanese firms oncethey invest in the locality.
To attract foreign investors, the provincehas bolstered administrative reforms and information technology application. Ithas worked to raise capacity of civil servants, as well as speed upinfrastructure and land clearance.
The same day, Hung Yen inked a memorandumof understanding (MoU) with Sumitomo Corporation, paving the way for the expansionof Thang Long IP II in the province.
Speaking to more than 100 representativesof Japanese firms participating in an event calling for investment to HungYen’s industrial parks (IPs) held in Tokyo, Phong underlined that the province badlyneeds cooperation in the transfer of modern and eco-friendly technologies,adding that Hung Yen will create favourable conditions for Japanese firms oncethey invest in the locality.
To attract foreign investors, the provincehas bolstered administrative reforms and information technology application. Ithas worked to raise capacity of civil servants, as well as speed upinfrastructure and land clearance.
The same day, Hung Yen inked a memorandumof understanding (MoU) with Sumitomo Corporation, paving the way for the expansionof Thang Long IP II in the province.
Chairman of the Hung Yen People’s Committee Nguyen Van Phong (second from left) exchanges the MoU with a representative of Sumitomo Corporation (Photo: VNA) Under the MoU, groundbreaking is scheduledfor 2021, with lots to be offered in 2022. It will be one of the biggestJapanese industrial parks in Vietnam.
General Director of Thang Long IP II GokiNobuta said the Sumitomo highly values the investment climate in Hung Yen,which is located in the centre of northern Vietnam and boasts abundant labourresources.
Hung Yen is currently home to 448 foreigndirect investment (FDI) projects, with a total registered capital of 4.6billion USD, according to the local People’s Committee.
Of the figure, Japanese investors have takenthe lead with nearly 3 billion USD, accounting for 65 percent of the total FDIcapital poured into the province./.
General Director of Thang Long IP II GokiNobuta said the Sumitomo highly values the investment climate in Hung Yen,which is located in the centre of northern Vietnam and boasts abundant labourresources.
Hung Yen is currently home to 448 foreigndirect investment (FDI) projects, with a total registered capital of 4.6billion USD, according to the local People’s Committee.
Of the figure, Japanese investors have takenthe lead with nearly 3 billion USD, accounting for 65 percent of the total FDIcapital poured into the province./.
VNA
